This property looks like a bad Long-Term investment with a projected -15.46% first-year return on $176k initial cash invested.
-15.46%
Cash On Cash
3.66%
Cap Rate
0.56
DSCR
$4,912
Rent
-$2,270
Cashflow
Cash Flow
$4,912 income − $7,182 expenses = $2,270 out of pocket
Investment Breakdown
|
Purchase Price
$839k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$176k
Downpayment
20%
$168k
Closing costs
1%
$8,390
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,912
Total Expenses
$7,182
Mortgage P&I
93%
$4,581
Property Taxes
21%
$1,029
Home Insurance
6%
$294
HOA
0%
$0
Property Management
10%
$491
CapEx
5%
$246
Vacancy
6%
$295
Maintenance
5%
$246
Other
0%
$0