This property looks like a bad Long-Term investment with a projected -22.52% first-year return on $168k initial cash invested.
-22.52%
Cash On Cash
1.76%
Cap Rate
0.28
DSCR
$2,319
Rent
-$3,149
Cashflow
Cash Flow
$2,319 income − $5,468 expenses = $3,149 out of pocket
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$7,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,319
Total Expenses
$5,468
Mortgage P&I
181%
$4,205
Property Taxes
13%
$295
Home Insurance
12%
$280
HOA
4%
$85
Property Management
10%
$232
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0