This property looks like a bad Long-Term investment with a projected -17.36% first-year return on $187k initial cash invested.
-17.36%
Cash On Cash
2.77%
Cap Rate
0.45
DSCR
$4,266
Rent
-$2,702
Cashflow
Cash Flow
$4,266 income − $6,968 expenses = $2,702 out of pocket
Investment Breakdown
|
Purchase Price
$890k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$187k
Downpayment
20%
$178k
Closing costs
1%
$8,896
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,266
Total Expenses
$6,968
Mortgage P&I
107%
$4,544
Property Taxes
24%
$1,007
Home Insurance
7%
$308
HOA
0%
$0
Property Management
10%
$427
CapEx
5%
$213
Vacancy
6%
$256
Maintenance
5%
$213
Other
0%
$0