This property looks like a bad Long-Term investment with a projected -15.58% first-year return on $168k initial cash invested.
-15.58%
Cash On Cash
3.47%
Cap Rate
0.54
DSCR
$4,175
Rent
-$2,181
Cashflow
Cash Flow
$4,175 income − $6,356 expenses = $2,181 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$7,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,175
Total Expenses
$6,356
Mortgage P&I
103%
$4,283
Property Taxes
17%
$707
Home Insurance
7%
$280
HOA
0%
$0
Property Management
10%
$418
CapEx
5%
$209
Vacancy
6%
$250
Maintenance
5%
$209
Other
0%
$0