This property looks like a bad Long-Term investment with a projected -26.63% first-year return on $168k initial cash invested.
-26.63%
Cash On Cash
0.66%
Cap Rate
0.11
DSCR
$1,932
Rent
-$3,728
Cashflow
Cash Flow
$1,932 income − $5,660 expenses = $3,728 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$8,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,932
Total Expenses
$5,660
Mortgage P&I
211%
$4,070
Property Taxes
42%
$807
Home Insurance
14%
$280
HOA
0%
$0
Property Management
10%
$193
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0