This property looks like a bad Long-Term investment with a projected -26.77% first-year return on $182k initial cash invested.
-26.77%
Cash On Cash
0.52%
Cap Rate
0.09
DSCR
$2,319
Rent
-$4,053
Cashflow
Cash Flow
$2,319 income − $6,372 expenses = $4,053 out of pocket
Investment Breakdown
|
Purchase Price
$865k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$182k
Downpayment
20%
$173k
Closing costs
1%
$8,652
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,319
Total Expenses
$6,372
Mortgage P&I
186%
$4,312
Property Taxes
49%
$1,142
Home Insurance
14%
$315
HOA
0%
$0
Property Management
10%
$232
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0