This property looks like a bad Long-Term investment with a projected -17.16% first-year return on $179k initial cash invested.
-17.16%
Cash On Cash
2.95%
Cap Rate
0.47
DSCR
$4,271
Rent
-$2,559
Cashflow
Cash Flow
$4,271 income − $6,830 expenses = $2,559 out of pocket
Investment Breakdown
|
Purchase Price
$852k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$179k
Downpayment
20%
$170k
Closing costs
1%
$8,519
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,271
Total Expenses
$6,830
Mortgage P&I
104%
$4,442
Property Taxes
23%
$980
Home Insurance
7%
$297
HOA
0%
$0
Property Management
10%
$427
CapEx
5%
$214
Vacancy
6%
$256
Maintenance
5%
$214
Other
0%
$0