This property looks like a bad Long-Term investment with a projected -17.27% first-year return on $179k initial cash invested.
-17.27%
Cash On Cash
3.25%
Cap Rate
0.49
DSCR
$4,353
Rent
-$2,573
Cashflow
Cash Flow
$4,353 income − $6,926 expenses = $2,573 out of pocket
Investment Breakdown
|
Purchase Price
$852k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$179k
Downpayment
20%
$170k
Closing costs
1%
$8,515
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,353
Total Expenses
$6,926
Mortgage P&I
107%
$4,662
Property Taxes
19%
$835
Home Insurance
7%
$297
HOA
0%
$0
Property Management
10%
$435
CapEx
5%
$218
Vacancy
6%
$261
Maintenance
5%
$218
Other
0%
$0