This property looks like a bad Long-Term investment with a projected -26.75% first-year return on $175k initial cash invested.
-26.75%
Cash On Cash
1.06%
Cap Rate
0.16
DSCR
$2,287
Rent
-$3,896
Cashflow
Cash Flow
$2,287 income − $6,183 expenses = $3,896 out of pocket
Investment Breakdown
|
Purchase Price
$832k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$175k
Downpayment
20%
$166k
Closing costs
1%
$8,323
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,287
Total Expenses
$6,183
Mortgage P&I
198%
$4,519
Property Taxes
34%
$772
Home Insurance
13%
$298
HOA
0%
$0
Property Management
10%
$229
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0