This property looks like a bad Long-Term investment with a projected -13.76% first-year return on $175k initial cash invested.
-13.76%
Cash On Cash
3.52%
Cap Rate
0.58
DSCR
$4,411
Rent
-$2,010
Cashflow
Cash Flow
$4,411 income − $6,421 expenses = $2,010 out of pocket
Investment Breakdown
|
Purchase Price
$835k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$175k
Downpayment
20%
$167k
Closing costs
1%
$8,345
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,411
Total Expenses
$6,421
Mortgage P&I
96%
$4,235
Property Taxes
17%
$741
Home Insurance
7%
$297
HOA
0%
$0
Property Management
10%
$441
CapEx
5%
$221
Vacancy
6%
$265
Maintenance
5%
$221
Other
0%
$0