This property looks like a bad Long-Term investment with a projected -28.29% first-year return on $175k initial cash invested.
-28.29%
Cash On Cash
0.63%
Cap Rate
0.1
DSCR
$1,767
Rent
-$4,134
Cashflow
Cash Flow
$1,767 income − $5,901 expenses = $4,134 out of pocket
Investment Breakdown
|
Purchase Price
$835k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$175k
Downpayment
20%
$167k
Closing costs
1%
$8,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,767
Total Expenses
$5,901
Mortgage P&I
254%
$4,482
Property Taxes
38%
$668
Home Insurance
17%
$292
HOA
0%
$0
Property Management
10%
$177
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0