This property looks like a bad Long-Term investment with a projected -13.6% first-year return on $169k initial cash invested.
-13.6%
Cash On Cash
3.44%
Cap Rate
0.57
DSCR
$4,111
Rent
-$1,913
Cashflow
Cash Flow
$4,111 income − $6,024 expenses = $1,913 out of pocket
Investment Breakdown
|
Purchase Price
$804k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$169k
Downpayment
20%
$161k
Closing costs
1%
$8,040
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,111
Total Expenses
$6,024
Mortgage P&I
98%
$4,012
Property Taxes
16%
$654
Home Insurance
7%
$288
HOA
0%
$0
Property Management
10%
$411
CapEx
5%
$206
Vacancy
6%
$247
Maintenance
5%
$206
Other
0%
$0