This property looks like a bad Long-Term investment with a projected -17.54% first-year return on $168k initial cash invested.
-17.54%
Cash On Cash
3.11%
Cap Rate
0.48
DSCR
$3,875
Rent
-$2,455
Cashflow
Cash Flow
$3,875 income − $6,330 expenses = $2,455 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
7.2%
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
$3,875
Total Expenses
$6,330
Mortgage P&I
112%
$4,335
Property Taxes
18%
$707
Home Insurance
7%
$280
HOA
0%
$0
Property Management
10%
$388
CapEx
5%
$194
Vacancy
6%
$232
Maintenance
5%
$194
Other
0%
$0