This property looks like a bad Long-Term investment with a projected -19.47% first-year return on $186k initial cash invested.
-19.47%
Cash On Cash
2.68%
Cap Rate
0.41
DSCR
$3,773
Rent
-$3,017
Cashflow
Cash Flow
$3,773 income − $6,790 expenses = $3,017 out of pocket
Investment Breakdown
|
Purchase Price
$886k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$186k
Downpayment
20%
$177k
Closing costs
1%
$8,855
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,773
Total Expenses
$6,790
Mortgage P&I
127%
$4,802
Property Taxes
18%
$694
Home Insurance
8%
$313
HOA
0%
$0
Property Management
10%
$377
CapEx
5%
$189
Vacancy
6%
$226
Maintenance
5%
$189
Other
0%
$0