This property looks like a bad Long-Term investment with a projected -23.27% first-year return on $183k initial cash invested.
-23.27%
Cash On Cash
2.07%
Cap Rate
0.31
DSCR
$3,184
Rent
-$3,551
Cashflow
Cash Flow
$3,184 income − $6,735 expenses = $3,551 out of pocket
Investment Breakdown
|
Purchase Price
$872k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$183k
Downpayment
20%
$174k
Closing costs
1%
$8,720
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,184
Total Expenses
$6,735
Mortgage P&I
154%
$4,895
Property Taxes
22%
$708
Home Insurance
10%
$305
HOA
0%
$0
Property Management
10%
$318
CapEx
5%
$159
Vacancy
6%
$191
Maintenance
5%
$159
Other
0%
$0