This property looks like a bad Long-Term investment with a projected -23.36% first-year return on $169k initial cash invested.
-23.36%
Cash On Cash
1.39%
Cap Rate
0.23
DSCR
$2,048
Rent
-$3,287
Cashflow
Cash Flow
$2,048 income − $5,335 expenses = $3,287 out of pocket
Investment Breakdown
|
Purchase Price
$804k
Downpayment
20.0%
Interest Rate
6.6%
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
$2,048
Total Expenses
$5,335
Mortgage P&I
201%
$4,119
Property Taxes
19%
$394
Home Insurance
14%
$290
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0