This property looks like a bad Long-Term investment with a projected -19.17% first-year return on $178k initial cash invested.
-19.17%
Cash On Cash
2.83%
Cap Rate
0.43
DSCR
$3,317
Rent
-$2,836
Cashflow
Cash Flow
$3,317 income − $6,153 expenses = $2,836 out of pocket
Investment Breakdown
|
Purchase Price
$845k
Downpayment
20.0%
Interest Rate
7.4%
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
$3,317
Total Expenses
$6,153
Mortgage P&I
141%
$4,667
Property Taxes
10%
$328
Home Insurance
8%
$278
HOA
1%
$17
Property Management
10%
$332
CapEx
5%
$166
Vacancy
6%
$199
Maintenance
5%
$166
Other
0%
$0