This property looks like a bad Long-Term investment with a projected -18.73% first-year return on $191k initial cash invested.
-18.73%
Cash On Cash
2.55%
Cap Rate
0.41
DSCR
$3,579
Rent
-$2,974
Cashflow
Cash Flow
$3,579 income − $6,553 expenses = $2,974 out of pocket
Investment Breakdown
|
Purchase Price
$907k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$191k
Downpayment
20%
$181k
Closing costs
1%
$9,073
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,579
Total Expenses
$6,553
Mortgage P&I
132%
$4,720
Property Taxes
16%
$578
Home Insurance
9%
$324
HOA
0%
$0
Property Management
10%
$358
CapEx
5%
$179
Vacancy
6%
$215
Maintenance
5%
$179
Other
0%
$0