This property looks like a bad Long-Term investment with a projected -20.14% first-year return on $177k initial cash invested.
-20.14%
Cash On Cash
2.59%
Cap Rate
0.4
DSCR
$4,318
Rent
-$2,971
Cashflow
Cash Flow
$4,318 income − $7,289 expenses = $2,971 out of pocket
Investment Breakdown
|
Purchase Price
$843k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$177k
Downpayment
20%
$169k
Closing costs
1%
$8,429
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,318
Total Expenses
$7,289
Mortgage P&I
106%
$4,577
Property Taxes
30%
$1,295
Home Insurance
7%
$294
HOA
0%
$0
Property Management
10%
$432
CapEx
5%
$216
Vacancy
6%
$259
Maintenance
5%
$216
Other
0%
$0