This property looks like a bad Long-Term investment with a projected -15.73% first-year return on $168k initial cash invested.
-15.73%
Cash On Cash
3.63%
Cap Rate
0.54
DSCR
$3,561
Rent
-$2,202
Cashflow
Cash Flow
$3,561 income − $5,763 expenses = $2,202 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
7.4%
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
$3,561
Total Expenses
$5,763
Mortgage P&I
125%
$4,446
Property Taxes
3%
$111
Home Insurance
8%
$280
HOA
0%
$0
Property Management
10%
$356
CapEx
5%
$178
Vacancy
6%
$214
Maintenance
5%
$178
Other
0%
$0