This property looks like a bad Long-Term investment with a projected -19.84% first-year return on $168k initial cash invested.
-19.84%
Cash On Cash
2.76%
Cap Rate
0.41
DSCR
$3,209
Rent
-$2,775
Cashflow
Cash Flow
$3,209 income − $5,984 expenses = $2,775 out of pocket
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$7,991
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,209
Total Expenses
$5,984
Mortgage P&I
139%
$4,452
Property Taxes
13%
$404
Home Insurance
9%
$294
HOA
0%
$0
Property Management
10%
$321
CapEx
5%
$160
Vacancy
6%
$193
Maintenance
5%
$160
Other
0%
$0