This property looks like a bad Long-Term investment with a projected -19.17% first-year return on $179k initial cash invested.
-19.17%
Cash On Cash
2.81%
Cap Rate
0.43
DSCR
$4,481
Rent
-$2,866
Cashflow
Cash Flow
$4,481 income − $7,347 expenses = $2,866 out of pocket
Investment Breakdown
|
Purchase Price
$854k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$179k
Downpayment
20%
$171k
Closing costs
1%
$8,544
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,481
Total Expenses
$7,347
Mortgage P&I
104%
$4,643
Property Taxes
23%
$1,049
Home Insurance
8%
$348
HOA
3%
$142
Property Management
10%
$448
CapEx
5%
$224
Vacancy
6%
$269
Maintenance
5%
$224
Other
0%
$0