This property looks like a bad Long-Term investment with a projected -13.3% first-year return on $184k initial cash invested.
-13.3%
Cash On Cash
3.54%
Cap Rate
0.59
DSCR
$5,317
Rent
-$2,037
Cashflow
Cash Flow
$5,317 income − $7,354 expenses = $2,037 out of pocket
Investment Breakdown
|
Purchase Price
$875k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$184k
Downpayment
20%
$175k
Closing costs
1%
$8,753
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,317
Total Expenses
$7,354
Mortgage P&I
82%
$4,352
Property Taxes
25%
$1,313
Home Insurance
6%
$306
HOA
0%
$0
Property Management
10%
$532
CapEx
5%
$266
Vacancy
6%
$319
Maintenance
5%
$266
Other
0%
$0