This property looks like a bad Long-Term investment with a projected -17.43% first-year return on $173k initial cash invested.
-17.43%
Cash On Cash
2.79%
Cap Rate
0.45
DSCR
$3,710
Rent
-$2,516
Cashflow
Cash Flow
$3,710 income − $6,226 expenses = $2,516 out of pocket
Investment Breakdown
|
Purchase Price
$825k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$173k
Downpayment
20%
$165k
Closing costs
1%
$8,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,710
Total Expenses
$6,226
Mortgage P&I
115%
$4,251
Property Taxes
19%
$720
Home Insurance
8%
$289
HOA
0%
$0
Property Management
10%
$371
CapEx
5%
$186
Vacancy
6%
$223
Maintenance
5%
$186
Other
0%
$0