This property looks like a bad Long-Term investment with a projected -18.2% first-year return on $169k initial cash invested.
-18.2%
Cash On Cash
2.81%
Cap Rate
0.44
DSCR
$4,167
Rent
-$2,560
Cashflow
Cash Flow
$4,167 income − $6,727 expenses = $2,560 out of pocket
Investment Breakdown
|
Purchase Price
$804k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$169k
Downpayment
20%
$161k
Closing costs
1%
$8,036
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,167
Total Expenses
$6,727
Mortgage P&I
102%
$4,234
Property Taxes
13%
$534
Home Insurance
8%
$341
HOA
13%
$535
Property Management
10%
$417
CapEx
5%
$208
Vacancy
6%
$250
Maintenance
5%
$208
Other
0%
$0