This property looks like a bad Long-Term investment with a projected -19.85% first-year return on $168k initial cash invested.
-19.85%
Cash On Cash
2.58%
Cap Rate
0.4
DSCR
$4,625
Rent
-$2,775
Cashflow
Cash Flow
$4,625 income − $7,400 expenses = $2,775 out of pocket
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
7.0%
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
$4,625
Total Expenses
$7,400
Mortgage P&I
92%
$4,263
Property Taxes
31%
$1,412
Home Insurance
6%
$280
HOA
5%
$243
Property Management
10%
$462
CapEx
5%
$231
Vacancy
6%
$278
Maintenance
5%
$231
Other
0%
$0