This property looks like a bad Long-Term investment with a projected -14.91% first-year return on $179k initial cash invested.
-14.91%
Cash On Cash
3.35%
Cap Rate
0.54
DSCR
$4,141
Rent
-$2,227
Cashflow
Cash Flow
$4,141 income − $6,368 expenses = $2,227 out of pocket
Investment Breakdown
|
Purchase Price
$854k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$179k
Downpayment
20%
$171k
Closing costs
1%
$8,536
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,141
Total Expenses
$6,368
Mortgage P&I
106%
$4,404
Property Taxes
13%
$548
Home Insurance
8%
$340
HOA
0%
$0
Property Management
10%
$414
CapEx
5%
$207
Vacancy
6%
$248
Maintenance
5%
$207
Other
0%
$0