This property looks like a bad Long-Term investment with a projected -18.64% first-year return on $173k initial cash invested.
-18.64%
Cash On Cash
2.92%
Cap Rate
0.44
DSCR
$3,277
Rent
-$2,691
Cashflow
Cash Flow
$3,277 income − $5,968 expenses = $2,691 out of pocket
Investment Breakdown
|
Purchase Price
$825k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$173k
Downpayment
20%
$165k
Closing costs
1%
$8,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,277
Total Expenses
$5,968
Mortgage P&I
138%
$4,534
Property Taxes
9%
$292
Home Insurance
9%
$289
HOA
0%
$0
Property Management
10%
$328
CapEx
5%
$164
Vacancy
6%
$197
Maintenance
5%
$164
Other
0%
$0