This property looks like a bad Long-Term investment with a projected -25.67% first-year return on $178k initial cash invested.
-25.67%
Cash On Cash
0.97%
Cap Rate
0.15
DSCR
$1,692
Rent
-$3,798
Cashflow
Cash Flow
$1,692 income − $5,490 expenses = $3,798 out of pocket
Investment Breakdown
|
Purchase Price
$845k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$178k
Downpayment
20%
$169k
Closing costs
1%
$8,454
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,692
Total Expenses
$5,490
Mortgage P&I
260%
$4,393
Property Taxes
20%
$341
Home Insurance
19%
$315
HOA
0%
$0
Property Management
10%
$169
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0