This property looks like a bad Long-Term investment with a projected -20.03% first-year return on $169k initial cash invested.
-20.03%
Cash On Cash
2.54%
Cap Rate
0.39
DSCR
$3,193
Rent
-$2,813
Cashflow
Cash Flow
$3,193 income − $6,006 expenses = $2,813 out of pocket
Investment Breakdown
|
Purchase Price
$803k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$169k
Downpayment
20%
$161k
Closing costs
1%
$8,025
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,193
Total Expenses
$6,006
Mortgage P&I
136%
$4,352
Property Taxes
17%
$534
Home Insurance
9%
$289
HOA
0%
$0
Property Management
10%
$319
CapEx
5%
$160
Vacancy
6%
$192
Maintenance
5%
$160
Other
0%
$0