This property looks like a bad Long-Term investment with a projected -25.29% first-year return on $189k initial cash invested.
-25.29%
Cash On Cash
0.95%
Cap Rate
0.15
DSCR
$1,538
Rent
-$3,978
Cashflow
Cash Flow
$1,538 income − $5,516 expenses = $3,978 out of pocket
Investment Breakdown
|
Purchase Price
$899k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$189k
Downpayment
20%
$180k
Closing costs
1%
$8,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,538
Total Expenses
$5,516
Mortgage P&I
300%
$4,613
Property Taxes
12%
$188
Home Insurance
20%
$315
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0