This property looks like a bad Long-Term investment with a projected -15.97% first-year return on $168k initial cash invested.
-15.97%
Cash On Cash
3.03%
Cap Rate
0.5
DSCR
$3,750
Rent
-$2,233
Cashflow
Cash Flow
$3,750 income − $5,983 expenses = $2,233 out of pocket
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
6.5%
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
$3,750
Total Expenses
$5,983
Mortgage P&I
108%
$4,063
Property Taxes
18%
$662
Home Insurance
8%
$282
HOA
0%
$0
Property Management
10%
$375
CapEx
5%
$188
Vacancy
6%
$225
Maintenance
5%
$188
Other
0%
$0