This property looks like a bad Long-Term investment with a projected -17.87% first-year return on $182k initial cash invested.
-17.87%
Cash On Cash
3.11%
Cap Rate
0.47
DSCR
$4,318
Rent
-$2,718
Cashflow
Cash Flow
$4,318 income − $7,036 expenses = $2,718 out of pocket
Investment Breakdown
|
Purchase Price
$869k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$182k
Downpayment
20%
$174k
Closing costs
1%
$8,690
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,318
Total Expenses
$7,036
Mortgage P&I
110%
$4,755
Property Taxes
20%
$854
Home Insurance
7%
$304
HOA
0%
$0
Property Management
10%
$432
CapEx
5%
$216
Vacancy
6%
$259
Maintenance
5%
$216
Other
0%
$0