This property looks like a bad Long-Term investment with a projected -19.89% first-year return on $170k initial cash invested.
-19.89%
Cash On Cash
2.61%
Cap Rate
0.4
DSCR
$4,015
Rent
-$2,811
Cashflow
Cash Flow
$4,015 income − $6,826 expenses = $2,811 out of pocket
Investment Breakdown
|
Purchase Price
$808k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$162k
Closing costs
1%
$8,077
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,015
Total Expenses
$6,826
Mortgage P&I
109%
$4,366
Property Taxes
29%
$1,153
Home Insurance
7%
$262
HOA
0%
$0
Property Management
10%
$402
CapEx
5%
$201
Vacancy
6%
$241
Maintenance
5%
$201
Other
0%
$0