This property looks like a bad Long-Term investment with a projected -19.61% first-year return on $175k initial cash invested.
-19.61%
Cash On Cash
2.87%
Cap Rate
0.43
DSCR
$3,478
Rent
-$2,866
Cashflow
Cash Flow
$3,478 income − $6,344 expenses = $2,866 out of pocket
Investment Breakdown
|
Purchase Price
$835k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$175k
Downpayment
20%
$167k
Closing costs
1%
$8,352
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,478
Total Expenses
$6,344
Mortgage P&I
135%
$4,687
Property Taxes
13%
$446
Home Insurance
9%
$306
HOA
0%
$0
Property Management
10%
$348
CapEx
5%
$174
Vacancy
6%
$209
Maintenance
5%
$174
Other
0%
$0