This property looks like a bad Long-Term investment with a projected -23.54% first-year return on $189k initial cash invested.
-23.54%
Cash On Cash
1.34%
Cap Rate
0.22
DSCR
$1,895
Rent
-$3,704
Cashflow
Cash Flow
$1,895 income − $5,599 expenses = $3,704 out of pocket
Investment Breakdown
|
Purchase Price
$899k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$189k
Downpayment
20%
$180k
Closing costs
1%
$8,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,895
Total Expenses
$5,599
Mortgage P&I
243%
$4,613
Property Taxes
9%
$177
Home Insurance
17%
$315
HOA
0%
$0
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0