This property looks like a bad Long-Term investment with a projected -26.72% first-year return on $184k initial cash invested.
-26.72%
Cash On Cash
0.97%
Cap Rate
0.15
DSCR
$1,643
Rent
-$4,087
Cashflow
Cash Flow
$1,643 income − $5,730 expenses = $4,087 out of pocket
Investment Breakdown
|
Purchase Price
$874k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$184k
Downpayment
20%
$175k
Closing costs
1%
$8,739
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,643
Total Expenses
$5,730
Mortgage P&I
287%
$4,712
Property Taxes
17%
$278
Home Insurance
19%
$313
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0