This property looks like a bad Long-Term investment with a projected -20.69% first-year return on $168k initial cash invested.
-20.69%
Cash On Cash
2.48%
Cap Rate
0.38
DSCR
$3,436
Rent
-$2,896
Cashflow
Cash Flow
$3,436 income − $6,332 expenses = $2,896 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
7.3%
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
$3,436
Total Expenses
$6,332
Mortgage P&I
127%
$4,378
Property Taxes
23%
$780
Home Insurance
8%
$280
HOA
0%
$0
Property Management
10%
$344
CapEx
5%
$172
Vacancy
6%
$206
Maintenance
5%
$172
Other
0%
$0