This property looks like a bad Long-Term investment with a projected -20.77% first-year return on $170k initial cash invested.
-20.77%
Cash On Cash
2.73%
Cap Rate
0.4
DSCR
$3,928
Rent
-$2,950
Cashflow
Cash Flow
$3,928 income − $6,878 expenses = $2,950 out of pocket
Investment Breakdown
|
Purchase Price
$812k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$162k
Closing costs
1%
$8,117
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,928
Total Expenses
$6,878
Mortgage P&I
117%
$4,601
Property Taxes
22%
$860
Home Insurance
8%
$306
HOA
2%
$90
Property Management
10%
$393
CapEx
5%
$196
Vacancy
6%
$236
Maintenance
5%
$196
Other
0%
$0