This property looks like a bad Long-Term investment with a projected -16.23% first-year return on $176k initial cash invested.
-16.23%
Cash On Cash
3.37%
Cap Rate
0.52
DSCR
$4,024
Rent
-$2,374
Cashflow
Cash Flow
$4,024 income − $6,398 expenses = $2,374 out of pocket
Investment Breakdown
|
Purchase Price
$836k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$176k
Downpayment
20%
$167k
Closing costs
1%
$8,358
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,024
Total Expenses
$6,398
Mortgage P&I
112%
$4,518
Property Taxes
6%
$229
Home Insurance
8%
$306
HOA
7%
$300
Property Management
10%
$402
CapEx
5%
$201
Vacancy
6%
$241
Maintenance
5%
$201
Other
0%
$0