This property looks like a bad Long-Term investment with a projected -20.08% first-year return on $168k initial cash invested.
-20.08%
Cash On Cash
2.07%
Cap Rate
0.34
DSCR
$2,560
Rent
-$2,811
Cashflow
Cash Flow
$2,560 income − $5,371 expenses = $2,811 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$7,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,560
Total Expenses
$5,371
Mortgage P&I
159%
$4,062
Property Taxes
14%
$363
Home Insurance
11%
$280
HOA
0%
$0
Property Management
10%
$256
CapEx
5%
$128
Vacancy
6%
$154
Maintenance
5%
$128
Other
0%
$0