This property looks like a bad Long-Term investment with a projected -25.25% first-year return on $185k initial cash invested.
-25.25%
Cash On Cash
1.46%
Cap Rate
0.22
DSCR
$2,471
Rent
-$3,899
Cashflow
Cash Flow
$2,471 income − $6,370 expenses = $3,899 out of pocket
Investment Breakdown
|
Purchase Price
$882k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$185k
Downpayment
20%
$176k
Closing costs
1%
$8,823
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,471
Total Expenses
$6,370
Mortgage P&I
196%
$4,849
Property Taxes
21%
$515
Home Insurance
13%
$311
HOA
2%
$52
Property Management
10%
$247
CapEx
5%
$124
Vacancy
6%
$148
Maintenance
5%
$124
Other
0%
$0