This property looks like a bad Long-Term investment with a projected -18.59% first-year return on $174k initial cash invested.
-18.59%
Cash On Cash
2.98%
Cap Rate
0.46
DSCR
$4,638
Rent
-$2,694
Cashflow
Cash Flow
$4,638 income − $7,332 expenses = $2,694 out of pocket
Investment Breakdown
|
Purchase Price
$828k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$174k
Downpayment
20%
$166k
Closing costs
1%
$8,281
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,638
Total Expenses
$7,332
Mortgage P&I
97%
$4,519
Property Taxes
27%
$1,246
Home Insurance
7%
$332
HOA
1%
$29
Property Management
10%
$464
CapEx
5%
$232
Vacancy
6%
$278
Maintenance
5%
$232
Other
0%
$0