This property looks like a bad Long-Term investment with a projected -9.29% first-year return on $178k initial cash invested.
-9.29%
Cash On Cash
4.83%
Cap Rate
0.76
DSCR
$5,793
Rent
-$1,381
Cashflow
Cash Flow
$5,793 income − $7,174 expenses = $1,381 out of pocket
Investment Breakdown
|
Purchase Price
$849k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$178k
Downpayment
20%
$170k
Closing costs
1%
$8,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,793
Total Expenses
$7,174
Mortgage P&I
78%
$4,507
Property Taxes
15%
$863
Home Insurance
5%
$297
HOA
0%
$0
Property Management
10%
$579
CapEx
5%
$290
Vacancy
6%
$348
Maintenance
5%
$290
Other
0%
$0