This property looks like a bad Long-Term investment with a projected -19.93% first-year return on $184k initial cash invested.
-19.93%
Cash On Cash
2.19%
Cap Rate
0.36
DSCR
$3,302
Rent
-$3,055
Cashflow
Cash Flow
$3,302 income − $6,357 expenses = $3,055 out of pocket
Investment Breakdown
|
Purchase Price
$876k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$184k
Downpayment
20%
$175k
Closing costs
1%
$8,759
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,302
Total Expenses
$6,357
Mortgage P&I
136%
$4,487
Property Taxes
21%
$697
Home Insurance
10%
$315
HOA
0%
$0
Property Management
10%
$330
CapEx
5%
$165
Vacancy
6%
$198
Maintenance
5%
$165
Other
0%
$0