This property looks like a bad Long-Term investment with a projected -19.24% first-year return on $168k initial cash invested.
-19.24%
Cash On Cash
2.64%
Cap Rate
0.41
DSCR
$3,789
Rent
-$2,693
Cashflow
Cash Flow
$3,789 income − $6,482 expenses = $2,693 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$7,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,789
Total Expenses
$6,482
Mortgage P&I
113%
$4,267
Property Taxes
25%
$951
Home Insurance
7%
$280
HOA
0%
$0
Property Management
10%
$379
CapEx
5%
$189
Vacancy
6%
$227
Maintenance
5%
$189
Other
0%
$0