This property looks like a bad Long-Term investment with a projected -19.68% first-year return on $167k initial cash invested.
-19.68%
Cash On Cash
2.7%
Cap Rate
0.41
DSCR
$3,538
Rent
-$2,746
Cashflow
Cash Flow
$3,538 income − $6,284 expenses = $2,746 out of pocket
Investment Breakdown
|
Purchase Price
$797k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$167k
Downpayment
20%
$159k
Closing costs
1%
$7,972
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,538
Total Expenses
$6,284
Mortgage P&I
123%
$4,364
Property Taxes
21%
$738
Home Insurance
7%
$262
HOA
0%
$0
Property Management
10%
$354
CapEx
5%
$177
Vacancy
6%
$212
Maintenance
5%
$177
Other
0%
$0