This property looks like a bad Long-Term investment with a projected -18.33% first-year return on $166k initial cash invested.
-18.33%
Cash On Cash
2.7%
Cap Rate
0.43
DSCR
$3,256
Rent
-$2,542
Cashflow
Cash Flow
$3,256 income − $5,798 expenses = $2,542 out of pocket
Investment Breakdown
|
Purchase Price
$792k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$166k
Downpayment
20%
$158k
Closing costs
1%
$7,924
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,256
Total Expenses
$5,798
Mortgage P&I
128%
$4,164
Property Taxes
15%
$498
Home Insurance
9%
$289
HOA
0%
$0
Property Management
10%
$326
CapEx
5%
$163
Vacancy
6%
$195
Maintenance
5%
$163
Other
0%
$0