This property looks like a bad Long-Term investment with a projected -22.97% first-year return on $182k initial cash invested.
-22.97%
Cash On Cash
1.9%
Cap Rate
0.29
DSCR
$3,176
Rent
-$3,488
Cashflow
Cash Flow
$3,176 income − $6,664 expenses = $3,488 out of pocket
Investment Breakdown
|
Purchase Price
$868k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$182k
Downpayment
20%
$174k
Closing costs
1%
$8,676
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,176
Total Expenses
$6,664
Mortgage P&I
148%
$4,702
Property Taxes
26%
$820
Home Insurance
10%
$315
HOA
0%
$0
Property Management
10%
$318
CapEx
5%
$159
Vacancy
6%
$191
Maintenance
5%
$159
Other
0%
$0