This property looks like a bad Long-Term investment with a projected -19.43% first-year return on $168k initial cash invested.
-19.43%
Cash On Cash
2.76%
Cap Rate
0.42
DSCR
$3,570
Rent
-$2,717
Cashflow
Cash Flow
$3,570 income − $6,287 expenses = $2,717 out of pocket
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$7,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,570
Total Expenses
$6,287
Mortgage P&I
123%
$4,374
Property Taxes
20%
$706
Home Insurance
8%
$280
HOA
0%
$0
Property Management
10%
$357
CapEx
5%
$178
Vacancy
6%
$214
Maintenance
5%
$178
Other
0%
$0