This property looks like a bad Long-Term investment with a projected -18.19% first-year return on $169k initial cash invested.
-18.19%
Cash On Cash
2.86%
Cap Rate
0.45
DSCR
$3,445
Rent
-$2,559
Cashflow
Cash Flow
$3,445 income − $6,004 expenses = $2,559 out of pocket
Investment Breakdown
|
Purchase Price
$804k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$169k
Downpayment
20%
$161k
Closing costs
1%
$8,041
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,445
Total Expenses
$6,004
Mortgage P&I
125%
$4,304
Property Taxes
15%
$525
Home Insurance
8%
$280
HOA
0%
$0
Property Management
10%
$344
CapEx
5%
$172
Vacancy
6%
$207
Maintenance
5%
$172
Other
0%
$0