This property looks like a bad Long-Term investment with a projected -19.58% first-year return on $170k initial cash invested.
-19.58%
Cash On Cash
2.21%
Cap Rate
0.36
DSCR
$2,262
Rent
-$2,776
Cashflow
Cash Flow
$2,262 income − $5,038 expenses = $2,776 out of pocket
Investment Breakdown
|
Purchase Price
$810k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$162k
Closing costs
1%
$8,100
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,262
Total Expenses
$5,038
Mortgage P&I
184%
$4,158
Property Taxes
0%
$8
Home Insurance
13%
$284
HOA
0%
$0
Property Management
10%
$226
CapEx
5%
$113
Vacancy
6%
$136
Maintenance
5%
$113
Other
0%
$0