This property looks like a bad Long-Term investment with a projected -23.41% first-year return on $174k initial cash invested.
-23.41%
Cash On Cash
1.99%
Cap Rate
0.3
DSCR
$3,707
Rent
-$3,391
Cashflow
Cash Flow
$3,707 income − $7,098 expenses = $3,391 out of pocket
Investment Breakdown
|
Purchase Price
$828k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$174k
Downpayment
20%
$166k
Closing costs
1%
$8,276
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,707
Total Expenses
$7,098
Mortgage P&I
123%
$4,576
Property Taxes
34%
$1,265
Home Insurance
8%
$294
HOA
0%
$0
Property Management
10%
$371
CapEx
5%
$185
Vacancy
6%
$222
Maintenance
5%
$185
Other
0%
$0