This property looks like a bad Long-Term investment with a projected -19.41% first-year return on $176k initial cash invested.
-19.41%
Cash On Cash
2.73%
Cap Rate
0.42
DSCR
$3,638
Rent
-$2,843
Cashflow
Cash Flow
$3,638 income − $6,481 expenses = $2,843 out of pocket
Investment Breakdown
|
Purchase Price
$837k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$176k
Downpayment
20%
$167k
Closing costs
1%
$8,370
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,638
Total Expenses
$6,481
Mortgage P&I
126%
$4,568
Property Taxes
19%
$673
Home Insurance
8%
$294
HOA
0%
$0
Property Management
10%
$364
CapEx
5%
$182
Vacancy
6%
$218
Maintenance
5%
$182
Other
0%
$0