This property looks like a bad Long-Term investment with a projected -28.63% first-year return on $176k initial cash invested.
-28.63%
Cash On Cash
0.46%
Cap Rate
0.07
DSCR
$1,781
Rent
-$4,205
Cashflow
Cash Flow
$1,781 income − $5,986 expenses = $4,205 out of pocket
Investment Breakdown
|
Purchase Price
$839k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$176k
Downpayment
20%
$168k
Closing costs
1%
$8,393
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,781
Total Expenses
$5,986
Mortgage P&I
249%
$4,436
Property Taxes
44%
$783
Home Insurance
17%
$304
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0