This property looks like a bad Long-Term investment with a projected -21.74% first-year return on $171k initial cash invested.
-21.74%
Cash On Cash
2.12%
Cap Rate
0.33
DSCR
$3,586
Rent
-$3,096
Cashflow
Cash Flow
$3,586 income − $6,682 expenses = $3,096 out of pocket
Investment Breakdown
|
Purchase Price
$814k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$171k
Downpayment
20%
$163k
Closing costs
1%
$8,137
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,586
Total Expenses
$6,682
Mortgage P&I
122%
$4,357
Property Taxes
25%
$884
Home Insurance
8%
$304
HOA
6%
$205
Property Management
10%
$359
CapEx
5%
$179
Vacancy
6%
$215
Maintenance
5%
$179
Other
0%
$0