This property looks like a bad Long-Term investment with a projected -23.37% first-year return on $184k initial cash invested.
-23.37%
Cash On Cash
1.92%
Cap Rate
0.29
DSCR
$3,888
Rent
-$3,580
Cashflow
Cash Flow
$3,888 income − $7,468 expenses = $3,580 out of pocket
Investment Breakdown
|
Purchase Price
$875k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$184k
Downpayment
20%
$175k
Closing costs
1%
$8,754
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,888
Total Expenses
$7,468
Mortgage P&I
123%
$4,783
Property Taxes
31%
$1,221
Home Insurance
12%
$454
HOA
0%
$0
Property Management
10%
$389
CapEx
5%
$194
Vacancy
6%
$233
Maintenance
5%
$194
Other
0%
$0