This property looks like a bad Long-Term investment with a projected -24.62% first-year return on $182k initial cash invested.
-24.62%
Cash On Cash
1.59%
Cap Rate
0.25
DSCR
$3,771
Rent
-$3,739
Cashflow
Cash Flow
$3,771 income − $7,510 expenses = $3,739 out of pocket
Investment Breakdown
|
Purchase Price
$868k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$182k
Downpayment
20%
$174k
Closing costs
1%
$8,678
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,771
Total Expenses
$7,510
Mortgage P&I
125%
$4,703
Property Taxes
21%
$795
Home Insurance
8%
$306
HOA
19%
$725
Property Management
10%
$377
CapEx
5%
$189
Vacancy
6%
$226
Maintenance
5%
$189
Other
0%
$0