This property looks like a bad Long-Term investment with a projected -18.06% first-year return on $173k initial cash invested.
-18.06%
Cash On Cash
2.97%
Cap Rate
0.46
DSCR
$4,072
Rent
-$2,607
Cashflow
Cash Flow
$4,072 income − $6,679 expenses = $2,607 out of pocket
Investment Breakdown
|
Purchase Price
$825k
Downpayment
20.0%
Interest Rate
7.1%
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
$4,072
Total Expenses
$6,679
Mortgage P&I
109%
$4,446
Property Taxes
19%
$784
Home Insurance
7%
$289
HOA
2%
$101
Property Management
10%
$407
CapEx
5%
$204
Vacancy
6%
$244
Maintenance
5%
$204
Other
0%
$0