This property looks like a bad Long-Term investment with a projected -21.21% first-year return on $170k initial cash invested.
-21.21%
Cash On Cash
2.39%
Cap Rate
0.36
DSCR
$3,622
Rent
-$3,012
Cashflow
Cash Flow
$3,622 income − $6,634 expenses = $3,012 out of pocket
Investment Breakdown
|
Purchase Price
$812k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$162k
Closing costs
1%
$8,115
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,622
Total Expenses
$6,634
Mortgage P&I
123%
$4,448
Property Taxes
21%
$751
Home Insurance
8%
$289
HOA
6%
$205
Property Management
10%
$362
CapEx
5%
$181
Vacancy
6%
$217
Maintenance
5%
$181
Other
0%
$0