This property looks like a bad Long-Term investment with a projected -17.46% first-year return on $169k initial cash invested.
-17.46%
Cash On Cash
2.91%
Cap Rate
0.46
DSCR
$3,273
Rent
-$2,452
Cashflow
Cash Flow
$3,273 income − $5,725 expenses = $2,452 out of pocket
Investment Breakdown
|
Purchase Price
$802k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$169k
Downpayment
20%
$160k
Closing costs
1%
$8,024
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,273
Total Expenses
$5,725
Mortgage P&I
129%
$4,233
Property Taxes
12%
$379
Home Insurance
8%
$262
HOA
0%
$0
Property Management
10%
$327
CapEx
5%
$164
Vacancy
6%
$196
Maintenance
5%
$164
Other
0%
$0