This property looks like a bad Long-Term investment with a projected -19.81% first-year return on $168k initial cash invested.
-19.81%
Cash On Cash
2.98%
Cap Rate
0.44
DSCR
$4,471
Rent
-$2,775
Cashflow
Cash Flow
$4,471 income − $7,246 expenses = $2,775 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$8,003
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,471
Total Expenses
$7,246
Mortgage P&I
102%
$4,539
Property Taxes
29%
$1,296
Home Insurance
6%
$248
HOA
0%
$0
Property Management
10%
$447
CapEx
5%
$224
Vacancy
6%
$268
Maintenance
5%
$224
Other
0%
$0