This property looks like a bad Long-Term investment with a projected -19.79% first-year return on $172k initial cash invested.
-19.79%
Cash On Cash
2.53%
Cap Rate
0.39
DSCR
$3,684
Rent
-$2,839
Cashflow
Cash Flow
$3,684 income − $6,523 expenses = $2,839 out of pocket
Investment Breakdown
|
Purchase Price
$820k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$172k
Downpayment
20%
$164k
Closing costs
1%
$8,199
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,684
Total Expenses
$6,523
Mortgage P&I
119%
$4,383
Property Taxes
22%
$806
Home Insurance
8%
$287
HOA
2%
$90
Property Management
10%
$368
CapEx
5%
$184
Vacancy
6%
$221
Maintenance
5%
$184
Other
0%
$0