This property looks like a bad Long-Term investment with a projected -21.01% first-year return on $185k initial cash invested.
-21.01%
Cash On Cash
2.32%
Cap Rate
0.36
DSCR
$3,848
Rent
-$3,239
Cashflow
Cash Flow
$3,848 income − $7,087 expenses = $3,239 out of pocket
Investment Breakdown
|
Purchase Price
$881k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$185k
Downpayment
20%
$176k
Closing costs
1%
$8,809
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,848
Total Expenses
$7,087
Mortgage P&I
123%
$4,747
Property Taxes
23%
$867
Home Insurance
8%
$311
HOA
4%
$162
Property Management
10%
$385
CapEx
5%
$192
Vacancy
6%
$231
Maintenance
5%
$192
Other
0%
$0