This property looks like a bad Long-Term investment with a projected -13.52% first-year return on $172k initial cash invested.
-13.52%
Cash On Cash
3.73%
Cap Rate
0.59
DSCR
$3,849
Rent
-$1,936
Cashflow
Cash Flow
$3,849 income − $5,785 expenses = $1,936 out of pocket
Investment Breakdown
|
Purchase Price
$819k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$172k
Downpayment
20%
$164k
Closing costs
1%
$8,185
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,849
Total Expenses
$5,785
Mortgage P&I
111%
$4,287
Property Taxes
5%
$200
Home Insurance
8%
$298
HOA
0%
$0
Property Management
10%
$385
CapEx
5%
$192
Vacancy
6%
$231
Maintenance
5%
$192
Other
0%
$0