This property looks like a bad Long-Term investment with a projected -19.46% first-year return on $168k initial cash invested.
-19.46%
Cash On Cash
2.16%
Cap Rate
0.36
DSCR
$2,632
Rent
-$2,721
Cashflow
Cash Flow
$2,632 income − $5,353 expenses = $2,721 out of pocket
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$7,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,632
Total Expenses
$5,353
Mortgage P&I
153%
$4,029
Property Taxes
13%
$338
Home Insurance
11%
$280
HOA
1%
$21
Property Management
10%
$263
CapEx
5%
$132
Vacancy
6%
$158
Maintenance
5%
$132
Other
0%
$0