This property looks like a bad Long-Term investment with a projected -19.1% first-year return on $173k initial cash invested.
-19.1%
Cash On Cash
2.54%
Cap Rate
0.4
DSCR
$2,676
Rent
-$2,758
Cashflow
Cash Flow
$2,676 income − $5,434 expenses = $2,758 out of pocket
Investment Breakdown
|
Purchase Price
$825k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,676
Total Expenses
$5,434
Mortgage P&I
163%
$4,372
Property Taxes
3%
$76
Home Insurance
11%
$289
HOA
0%
$0
Property Management
10%
$268
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0