This property looks like a bad Long-Term investment with a projected -26.72% first-year return on $168k initial cash invested.
-26.72%
Cash On Cash
1.32%
Cap Rate
0.19
DSCR
$1,773
Rent
-$3,736
Cashflow
Cash Flow
$1,773 income − $5,509 expenses = $3,736 out of pocket
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$7,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,773
Total Expenses
$5,509
Mortgage P&I
255%
$4,524
Property Taxes
14%
$244
Home Insurance
16%
$280
HOA
0%
$0
Property Management
10%
$177
CapEx
5%
$89
Vacancy
6%
$106
Maintenance
5%
$89
Other
0%
$0