This property looks like a bad Long-Term investment with a projected -22.94% first-year return on $180k initial cash invested.
-22.94%
Cash On Cash
1.91%
Cap Rate
0.29
DSCR
$2,773
Rent
-$3,445
Cashflow
Cash Flow
$2,773 income − $6,218 expenses = $3,445 out of pocket
Investment Breakdown
|
Purchase Price
$858k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$180k
Downpayment
20%
$172k
Closing costs
1%
$8,581
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,773
Total Expenses
$6,218
Mortgage P&I
169%
$4,673
Property Taxes
19%
$516
Home Insurance
11%
$308
HOA
0%
$0
Property Management
10%
$277
CapEx
5%
$139
Vacancy
6%
$166
Maintenance
5%
$139
Other
0%
$0