This property looks like a bad Long-Term investment with a projected -18.86% first-year return on $168k initial cash invested.
-18.86%
Cash On Cash
2.73%
Cap Rate
0.43
DSCR
$4,276
Rent
-$2,644
Cashflow
Cash Flow
$4,276 income − $6,920 expenses = $2,644 out of pocket
Investment Breakdown
|
Purchase Price
$801k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$8,013
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,276
Total Expenses
$6,920
Mortgage P&I
99%
$4,253
Property Taxes
30%
$1,302
Home Insurance
6%
$252
HOA
0%
$0
Property Management
10%
$428
CapEx
5%
$214
Vacancy
6%
$257
Maintenance
5%
$214
Other
0%
$0