This property looks like a bad Long-Term investment with a projected -18.01% first-year return on $184k initial cash invested.
-18.01%
Cash On Cash
3.06%
Cap Rate
0.47
DSCR
$4,062
Rent
-$2,760
Cashflow
Cash Flow
$4,062 income − $6,822 expenses = $2,760 out of pocket
Investment Breakdown
|
Purchase Price
$876k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$184k
Downpayment
20%
$175k
Closing costs
1%
$8,759
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,062
Total Expenses
$6,822
Mortgage P&I
118%
$4,790
Property Taxes
13%
$524
Home Insurance
8%
$320
HOA
3%
$132
Property Management
10%
$406
CapEx
5%
$203
Vacancy
6%
$244
Maintenance
5%
$203
Other
0%
$0