This property looks like a bad Long-Term investment with a projected -19.26% first-year return on $167k initial cash invested.
-19.26%
Cash On Cash
2.82%
Cap Rate
0.43
DSCR
$4,535
Rent
-$2,678
Cashflow
Cash Flow
$4,535 income − $7,213 expenses = $2,678 out of pocket
Investment Breakdown
|
Purchase Price
$794k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$167k
Downpayment
20%
$159k
Closing costs
1%
$7,944
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,535
Total Expenses
$7,213
Mortgage P&I
95%
$4,316
Property Taxes
29%
$1,326
Home Insurance
6%
$289
HOA
2%
$102
Property Management
10%
$454
CapEx
5%
$227
Vacancy
6%
$272
Maintenance
5%
$227
Other
0%
$0