This property looks like a bad Long-Term investment with a projected -28.32% first-year return on $173k initial cash invested.
-28.32%
Cash On Cash
0.36%
Cap Rate
0.06
DSCR
$1,458
Rent
-$4,088
Cashflow
Cash Flow
$1,458 income − $5,546 expenses = $4,088 out of pocket
Investment Breakdown
|
Purchase Price
$825k
Downpayment
20.0%
Interest Rate
6.7%
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
$1,458
Total Expenses
$5,546
Mortgage P&I
292%
$4,262
Property Taxes
42%
$616
Home Insurance
20%
$289
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$87
Maintenance
5%
$73
Other
0%
$0