This property looks like a bad Long-Term investment with a projected -15.07% first-year return on $167k initial cash invested.
-15.07%
Cash On Cash
3.68%
Cap Rate
0.56
DSCR
$3,982
Rent
-$2,096
Cashflow
Cash Flow
$3,982 income − $6,078 expenses = $2,096 out of pocket
Investment Breakdown
|
Purchase Price
$795k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$167k
Downpayment
20%
$159k
Closing costs
1%
$7,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,982
Total Expenses
$6,078
Mortgage P&I
109%
$4,334
Property Taxes
11%
$431
Home Insurance
7%
$278
HOA
0%
$0
Property Management
10%
$398
CapEx
5%
$199
Vacancy
6%
$239
Maintenance
5%
$199
Other
0%
$0