This property looks like a bad Long-Term investment with a projected -27.36% first-year return on $174k initial cash invested.
-27.36%
Cash On Cash
0.88%
Cap Rate
0.14
DSCR
$2,177
Rent
-$3,958
Cashflow
Cash Flow
$2,177 income − $6,135 expenses = $3,958 out of pocket
Investment Breakdown
|
Purchase Price
$827k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$174k
Downpayment
20%
$165k
Closing costs
1%
$8,268
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,177
Total Expenses
$6,135
Mortgage P&I
205%
$4,455
Property Taxes
38%
$821
Home Insurance
13%
$292
HOA
0%
$0
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0