This property looks like a bad Long-Term investment with a projected -25.3% first-year return on $182k initial cash invested.
-25.3%
Cash On Cash
1.14%
Cap Rate
0.18
DSCR
$1,532
Rent
-$3,837
Cashflow
Cash Flow
$1,532 income − $5,369 expenses = $3,837 out of pocket
Investment Breakdown
|
Purchase Price
$867k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$182k
Downpayment
20%
$173k
Closing costs
1%
$8,665
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,532
Total Expenses
$5,369
Mortgage P&I
299%
$4,583
Property Taxes
5%
$76
Home Insurance
20%
$311
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0