This property looks like a bad Long-Term investment with a projected -14.12% first-year return on $174k initial cash invested.
-14.12%
Cash On Cash
3.87%
Cap Rate
0.6
DSCR
$4,721
Rent
-$2,044
Cashflow
Cash Flow
$4,721 income − $6,765 expenses = $2,044 out of pocket
Investment Breakdown
|
Purchase Price
$827k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$174k
Downpayment
20%
$165k
Closing costs
1%
$8,272
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,721
Total Expenses
$6,765
Mortgage P&I
95%
$4,474
Property Taxes
1%
$44
Home Insurance
5%
$227
HOA
17%
$793
Property Management
10%
$472
CapEx
5%
$236
Vacancy
6%
$283
Maintenance
5%
$236
Other
0%
$0