This property looks like a bad Long-Term investment with a projected -20.28% first-year return on $167k initial cash invested.
-20.28%
Cash On Cash
2.59%
Cap Rate
0.39
DSCR
$3,135
Rent
-$2,826
Cashflow
Cash Flow
$3,135 income − $5,961 expenses = $2,826 out of pocket
Investment Breakdown
|
Purchase Price
$796k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$167k
Downpayment
20%
$159k
Closing costs
1%
$7,963
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,135
Total Expenses
$5,961
Mortgage P&I
140%
$4,389
Property Taxes
14%
$454
Home Insurance
9%
$289
HOA
0%
$13
Property Management
10%
$314
CapEx
5%
$157
Vacancy
6%
$188
Maintenance
5%
$157
Other
0%
$0