This property looks like a bad Long-Term investment with a projected -15.15% first-year return on $174k initial cash invested.
-15.15%
Cash On Cash
3.87%
Cap Rate
0.58
DSCR
$4,795
Rent
-$2,197
Cashflow
Cash Flow
$4,795 income − $6,992 expenses = $2,197 out of pocket
Investment Breakdown
|
Purchase Price
$828k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$174k
Downpayment
20%
$166k
Closing costs
1%
$8,284
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,795
Total Expenses
$6,992
Mortgage P&I
96%
$4,626
Property Taxes
11%
$526
Home Insurance
6%
$301
HOA
6%
$291
Property Management
10%
$480
CapEx
5%
$240
Vacancy
6%
$288
Maintenance
5%
$240
Other
0%
$0