This property looks like a bad Long-Term investment with a projected -19.54% first-year return on $168k initial cash invested.
-19.54%
Cash On Cash
2.4%
Cap Rate
0.38
DSCR
$2,777
Rent
-$2,736
Cashflow
Cash Flow
$2,777 income − $5,513 expenses = $2,736 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
$2,777
Total Expenses
$5,513
Mortgage P&I
151%
$4,194
Property Taxes
11%
$312
Home Insurance
10%
$280
HOA
0%
$4
Property Management
10%
$278
CapEx
5%
$139
Vacancy
6%
$167
Maintenance
5%
$139
Other
0%
$0