This property looks like a bad Long-Term investment with a projected -15.97% first-year return on $178k initial cash invested.
-15.97%
Cash On Cash
3.27%
Cap Rate
0.52
DSCR
$4,480
Rent
-$2,374
Cashflow
Cash Flow
$4,480 income − $6,854 expenses = $2,374 out of pocket
Investment Breakdown
|
Purchase Price
$849k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$178k
Downpayment
20%
$170k
Closing costs
1%
$8,492
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,480
Total Expenses
$6,854
Mortgage P&I
100%
$4,462
Property Taxes
18%
$824
Home Insurance
7%
$293
HOA
2%
$110
Property Management
10%
$448
CapEx
5%
$224
Vacancy
6%
$269
Maintenance
5%
$224
Other
0%
$0