This property looks like a bad Long-Term investment with a projected -20.85% first-year return on $170k initial cash invested.
-20.85%
Cash On Cash
2.35%
Cap Rate
0.37
DSCR
$4,117
Rent
-$2,959
Cashflow
Cash Flow
$4,117 income − $7,076 expenses = $2,959 out of pocket
Investment Breakdown
|
Purchase Price
$811k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$162k
Closing costs
1%
$8,109
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,117
Total Expenses
$7,076
Mortgage P&I
106%
$4,344
Property Taxes
34%
$1,381
Home Insurance
7%
$280
HOA
0%
$0
Property Management
10%
$412
CapEx
5%
$206
Vacancy
6%
$247
Maintenance
5%
$206
Other
0%
$0