This property looks like a bad Long-Term investment with a projected -17.13% first-year return on $188k initial cash invested.
-17.13%
Cash On Cash
3.31%
Cap Rate
0.5
DSCR
$4,643
Rent
-$2,684
Cashflow
Cash Flow
$4,643 income − $7,327 expenses = $2,684 out of pocket
Investment Breakdown
|
Purchase Price
$896k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$188k
Downpayment
20%
$179k
Closing costs
1%
$8,955
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,643
Total Expenses
$7,327
Mortgage P&I
106%
$4,920
Property Taxes
19%
$885
Home Insurance
7%
$315
HOA
0%
$0
Property Management
10%
$464
CapEx
5%
$232
Vacancy
6%
$279
Maintenance
5%
$232
Other
0%
$0