This property looks like a bad Long-Term investment with a projected -18.77% first-year return on $181k initial cash invested.
-18.77%
Cash On Cash
2.65%
Cap Rate
0.42
DSCR
$3,544
Rent
-$2,827
Cashflow
Cash Flow
$3,544 income − $6,371 expenses = $2,827 out of pocket
Investment Breakdown
|
Purchase Price
$861k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$181k
Downpayment
20%
$172k
Closing costs
1%
$8,606
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,544
Total Expenses
$6,371
Mortgage P&I
128%
$4,551
Property Taxes
16%
$568
Home Insurance
9%
$313
HOA
1%
$18
Property Management
10%
$354
CapEx
5%
$177
Vacancy
6%
$213
Maintenance
5%
$177
Other
0%
$0