This property looks like a bad Long-Term investment with a projected -13.66% first-year return on $168k initial cash invested.
-13.66%
Cash On Cash
3.69%
Cap Rate
0.59
DSCR
$3,850
Rent
-$1,912
Cashflow
Cash Flow
$3,850 income − $5,762 expenses = $1,912 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$8,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,850
Total Expenses
$5,762
Mortgage P&I
109%
$4,180
Property Taxes
8%
$302
Home Insurance
7%
$280
HOA
0%
$0
Property Management
10%
$385
CapEx
5%
$192
Vacancy
6%
$231
Maintenance
5%
$192
Other
0%
$0