This property looks like a bad Long-Term investment with a projected -20.35% first-year return on $170k initial cash invested.
-20.35%
Cash On Cash
2.5%
Cap Rate
0.38
DSCR
$3,519
Rent
-$2,891
Cashflow
Cash Flow
$3,519 income − $6,410 expenses = $2,891 out of pocket
Investment Breakdown
|
Purchase Price
$812k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$162k
Closing costs
1%
$8,118
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,519
Total Expenses
$6,410
Mortgage P&I
125%
$4,408
Property Taxes
23%
$800
Home Insurance
8%
$287
HOA
0%
$0
Property Management
10%
$352
CapEx
5%
$176
Vacancy
6%
$211
Maintenance
5%
$176
Other
0%
$0