This property looks like a bad Long-Term investment with a projected -18.72% first-year return on $179k initial cash invested.
-18.72%
Cash On Cash
2.6%
Cap Rate
0.41
DSCR
$3,225
Rent
-$2,798
Cashflow
Cash Flow
$3,225 income − $6,023 expenses = $2,798 out of pocket
Investment Breakdown
|
Purchase Price
$854k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$179k
Downpayment
20%
$171k
Closing costs
1%
$8,540
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,225
Total Expenses
$6,023
Mortgage P&I
139%
$4,484
Property Taxes
13%
$405
Home Insurance
9%
$296
HOA
0%
$0
Property Management
10%
$322
CapEx
5%
$161
Vacancy
6%
$194
Maintenance
5%
$161
Other
0%
$0