This property looks like a bad Long-Term investment with a projected -18.2% first-year return on $184k initial cash invested.
-18.2%
Cash On Cash
2.95%
Cap Rate
0.45
DSCR
$4,110
Rent
-$2,797
Cashflow
Cash Flow
$4,110 income − $6,907 expenses = $2,797 out of pocket
Investment Breakdown
|
Purchase Price
$878k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$184k
Downpayment
20%
$176k
Closing costs
1%
$8,784
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,110
Total Expenses
$6,907
Mortgage P&I
116%
$4,749
Property Taxes
10%
$394
Home Insurance
8%
$324
HOA
9%
$370
Property Management
10%
$411
CapEx
5%
$206
Vacancy
6%
$247
Maintenance
5%
$206
Other
0%
$0