This property looks like a bad Long-Term investment with a projected -17.19% first-year return on $173k initial cash invested.
-17.19%
Cash On Cash
3.21%
Cap Rate
0.49
DSCR
$4,184
Rent
-$2,482
Cashflow
Cash Flow
$4,184 income − $6,666 expenses = $2,482 out of pocket
Investment Breakdown
|
Purchase Price
$825k
Downpayment
20.0%
Interest Rate
7.2%
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
$4,184
Total Expenses
$6,666
Mortgage P&I
107%
$4,480
Property Taxes
18%
$770
Home Insurance
7%
$289
HOA
1%
$40
Property Management
10%
$418
CapEx
5%
$209
Vacancy
6%
$251
Maintenance
5%
$209
Other
0%
$0