This property looks like a bad Long-Term investment with a projected -18.89% first-year return on $175k initial cash invested.
-18.89%
Cash On Cash
2.7%
Cap Rate
0.42
DSCR
$3,254
Rent
-$2,760
Cashflow
Cash Flow
$3,254 income − $6,014 expenses = $2,760 out of pocket
Investment Breakdown
|
Purchase Price
$835k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$175k
Downpayment
20%
$167k
Closing costs
1%
$8,347
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,254
Total Expenses
$6,014
Mortgage P&I
137%
$4,472
Property Taxes
10%
$328
Home Insurance
9%
$298
HOA
2%
$70
Property Management
10%
$325
CapEx
5%
$163
Vacancy
6%
$195
Maintenance
5%
$163
Other
0%
$0