This property looks like a bad Long-Term investment with a projected -25.16% first-year return on $176k initial cash invested.
-25.16%
Cash On Cash
1.22%
Cap Rate
0.19
DSCR
$2,394
Rent
-$3,680
Cashflow
Cash Flow
$2,394 income − $6,074 expenses = $3,680 out of pocket
Investment Breakdown
|
Purchase Price
$836k
Downpayment
20.0%
Interest Rate
6.9%
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
$2,394
Total Expenses
$6,074
Mortgage P&I
184%
$4,410
Property Taxes
28%
$668
Home Insurance
13%
$310
HOA
3%
$63
Property Management
10%
$239
CapEx
5%
$120
Vacancy
6%
$144
Maintenance
5%
$120
Other
0%
$0