This property looks like a bad Long-Term investment with a projected -27.09% first-year return on $189k initial cash invested.
-27.09%
Cash On Cash
0.91%
Cap Rate
0.14
DSCR
$1,316
Rent
-$4,261
Cashflow
Cash Flow
$1,316 income − $5,577 expenses = $4,261 out of pocket
Investment Breakdown
|
Purchase Price
$899k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$189k
Downpayment
20%
$180k
Closing costs
1%
$8,986
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,316
Total Expenses
$5,577
Mortgage P&I
370%
$4,873
Property Taxes
4%
$47
Home Insurance
24%
$314
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0