This property looks like a bad Long-Term investment with a projected -16.13% first-year return on $168k initial cash invested.
-16.13%
Cash On Cash
3.32%
Cap Rate
0.52
DSCR
$3,714
Rent
-$2,252
Cashflow
Cash Flow
$3,714 income − $5,966 expenses = $2,252 out of pocket
Investment Breakdown
|
Purchase Price
$798k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$7,980
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,714
Total Expenses
$5,966
Mortgage P&I
115%
$4,276
Property Taxes
5%
$195
Home Insurance
8%
$279
HOA
7%
$250
Property Management
10%
$371
CapEx
5%
$186
Vacancy
6%
$223
Maintenance
5%
$186
Other
0%
$0