This property looks like a bad Long-Term investment with a projected -29.45% first-year return on $171k initial cash invested.
-29.45%
Cash On Cash
0.4%
Cap Rate
0.06
DSCR
$2,325
Rent
-$4,200
Cashflow
Cash Flow
$2,325 income − $6,525 expenses = $4,200 out of pocket
Investment Breakdown
|
Purchase Price
$815k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$171k
Downpayment
20%
$163k
Closing costs
1%
$8,150
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,325
Total Expenses
$6,525
Mortgage P&I
187%
$4,357
Property Taxes
54%
$1,266
Home Insurance
12%
$285
HOA
1%
$13
Property Management
10%
$232
CapEx
5%
$116
Vacancy
6%
$140
Maintenance
5%
$116
Other
0%
$0