This property looks like a bad Long-Term investment with a projected -25.52% first-year return on $184k initial cash invested.
-25.52%
Cash On Cash
0.87%
Cap Rate
0.14
DSCR
$1,985
Rent
-$3,912
Cashflow
Cash Flow
$1,985 income − $5,897 expenses = $3,912 out of pocket
Investment Breakdown
|
Purchase Price
$876k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$184k
Downpayment
20%
$175k
Closing costs
1%
$8,761
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,985
Total Expenses
$5,897
Mortgage P&I
224%
$4,448
Property Taxes
31%
$620
Home Insurance
16%
$314
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0