This property looks like a bad Long-Term investment with a projected -18.2% first-year return on $168k initial cash invested.
-18.2%
Cash On Cash
2.98%
Cap Rate
0.46
DSCR
$3,887
Rent
-$2,545
Cashflow
Cash Flow
$3,887 income − $6,432 expenses = $2,545 out of pocket
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
7.2%
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
$3,887
Total Expenses
$6,432
Mortgage P&I
112%
$4,337
Property Taxes
21%
$805
Home Insurance
7%
$280
HOA
0%
$0
Property Management
10%
$389
CapEx
5%
$194
Vacancy
6%
$233
Maintenance
5%
$194
Other
0%
$0