This property looks like a bad Long-Term investment with a projected -17.37% first-year return on $184k initial cash invested.
-17.37%
Cash On Cash
2.7%
Cap Rate
0.44
DSCR
$3,773
Rent
-$2,660
Cashflow
Cash Flow
$3,773 income − $6,433 expenses = $2,660 out of pocket
Investment Breakdown
|
Purchase Price
$875k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$184k
Downpayment
20%
$175k
Closing costs
1%
$8,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,773
Total Expenses
$6,433
Mortgage P&I
118%
$4,442
Property Taxes
19%
$704
Home Insurance
8%
$306
HOA
0%
$0
Property Management
10%
$377
CapEx
5%
$189
Vacancy
6%
$226
Maintenance
5%
$189
Other
0%
$0