This property looks like a bad Long-Term investment with a projected -23.37% first-year return on $168k initial cash invested.
-23.37%
Cash On Cash
2%
Cap Rate
0.3
DSCR
$2,130
Rent
-$3,268
Cashflow
Cash Flow
$2,130 income − $5,398 expenses = $3,268 out of pocket
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,130
Total Expenses
$5,398
Mortgage P&I
211%
$4,492
Property Taxes
3%
$73
Home Insurance
13%
$280
HOA
0%
$0
Property Management
10%
$213
CapEx
5%
$106
Vacancy
6%
$128
Maintenance
5%
$106
Other
0%
$0