This property looks like a bad Long-Term investment with a projected -26.1% first-year return on $184k initial cash invested.
-26.1%
Cash On Cash
1.07%
Cap Rate
0.17
DSCR
$1,630
Rent
-$3,997
Cashflow
Cash Flow
$1,630 income − $5,627 expenses = $3,997 out of pocket
Investment Breakdown
|
Purchase Price
$875k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$184k
Downpayment
20%
$175k
Closing costs
1%
$8,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,630
Total Expenses
$5,627
Mortgage P&I
288%
$4,696
Property Taxes
12%
$200
Home Insurance
19%
$306
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0