This property looks like a bad Long-Term investment with a projected -12.34% first-year return on $175k initial cash invested.
-12.34%
Cash On Cash
4.32%
Cap Rate
0.66
DSCR
$5,147
Rent
-$1,796
Cashflow
Cash Flow
$5,147 income − $6,943 expenses = $1,796 out of pocket
Investment Breakdown
|
Purchase Price
$832k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$175k
Downpayment
20%
$166k
Closing costs
1%
$8,315
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,147
Total Expenses
$6,943
Mortgage P&I
88%
$4,530
Property Taxes
15%
$778
Home Insurance
6%
$297
HOA
0%
$0
Property Management
10%
$515
CapEx
5%
$257
Vacancy
6%
$309
Maintenance
5%
$257
Other
0%
$0