This property looks like a bad Long-Term investment with a projected -33.84% first-year return on $172k initial cash invested.
-33.84%
Cash On Cash
-0.29%
Cap Rate
-0.04
DSCR
$3,781
Rent
-$4,855
Cashflow
Cash Flow
$3,781 income − $8,636 expenses = $4,855 out of pocket
Investment Breakdown
|
Purchase Price
$820k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$172k
Downpayment
20%
$164k
Closing costs
1%
$8,199
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,781
Total Expenses
$8,636
Mortgage P&I
118%
$4,467
Property Taxes
22%
$838
Home Insurance
8%
$301
HOA
54%
$2,047
Property Management
10%
$378
CapEx
5%
$189
Vacancy
6%
$227
Maintenance
5%
$189
Other
0%
$0