This property looks like a bad Long-Term investment with a projected -19.29% first-year return on $168k initial cash invested.
-19.29%
Cash On Cash
2.82%
Cap Rate
0.43
DSCR
$3,658
Rent
-$2,704
Cashflow
Cash Flow
$3,658 income − $6,362 expenses = $2,704 out of pocket
Investment Breakdown
|
Purchase Price
$801k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$8,009
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,658
Total Expenses
$6,362
Mortgage P&I
120%
$4,401
Property Taxes
19%
$704
Home Insurance
8%
$306
HOA
0%
$0
Property Management
10%
$366
CapEx
5%
$183
Vacancy
6%
$219
Maintenance
5%
$183
Other
0%
$0