This property looks like a bad Long-Term investment with a projected -17.72% first-year return on $168k initial cash invested.
-17.72%
Cash On Cash
3.02%
Cap Rate
0.47
DSCR
$4,294
Rent
-$2,481
Cashflow
Cash Flow
$4,294 income − $6,775 expenses = $2,481 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$7,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,294
Total Expenses
$6,775
Mortgage P&I
100%
$4,279
Property Taxes
26%
$1,099
Home Insurance
7%
$280
HOA
0%
$0
Property Management
10%
$429
CapEx
5%
$215
Vacancy
6%
$258
Maintenance
5%
$215
Other
0%
$0