This property looks like a bad Long-Term investment with a projected -18.68% first-year return on $166k initial cash invested.
-18.68%
Cash On Cash
3.02%
Cap Rate
0.45
DSCR
$3,180
Rent
-$2,590
Cashflow
Cash Flow
$3,180 income − $5,770 expenses = $2,590 out of pocket
Investment Breakdown
|
Purchase Price
$793k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$166k
Downpayment
20%
$159k
Closing costs
1%
$7,925
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,180
Total Expenses
$5,770
Mortgage P&I
139%
$4,426
Property Taxes
6%
$192
Home Insurance
9%
$280
HOA
1%
$45
Property Management
10%
$318
CapEx
5%
$159
Vacancy
6%
$191
Maintenance
5%
$159
Other
0%
$0