This property looks like a bad Long-Term investment with a projected -17.79% first-year return on $168k initial cash invested.
-17.79%
Cash On Cash
3.09%
Cap Rate
0.47
DSCR
$3,637
Rent
-$2,490
Cashflow
Cash Flow
$3,637 income − $6,127 expenses = $2,490 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$8,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,637
Total Expenses
$6,127
Mortgage P&I
120%
$4,366
Property Taxes
15%
$535
Home Insurance
8%
$280
HOA
0%
$0
Property Management
10%
$364
CapEx
5%
$182
Vacancy
6%
$218
Maintenance
5%
$182
Other
0%
$0