This property looks like a bad Long-Term investment with a projected -18.31% first-year return on $182k initial cash invested.
-18.31%
Cash On Cash
3.01%
Cap Rate
0.46
DSCR
$4,109
Rent
-$2,781
Cashflow
Cash Flow
$4,109 income − $6,890 expenses = $2,781 out of pocket
Investment Breakdown
|
Purchase Price
$868k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$182k
Downpayment
20%
$174k
Closing costs
1%
$8,681
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,109
Total Expenses
$6,890
Mortgage P&I
116%
$4,750
Property Taxes
19%
$768
Home Insurance
7%
$304
HOA
0%
$0
Property Management
10%
$411
CapEx
5%
$205
Vacancy
6%
$247
Maintenance
5%
$205
Other
0%
$0