This property looks like a bad Long-Term investment with a projected -25.27% first-year return on $168k initial cash invested.
-25.27%
Cash On Cash
1.35%
Cap Rate
0.21
DSCR
$2,209
Rent
-$3,548
Cashflow
Cash Flow
$2,209 income − $5,757 expenses = $3,548 out of pocket
Investment Breakdown
|
Purchase Price
$802k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$8,023
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,209
Total Expenses
$5,757
Mortgage P&I
196%
$4,338
Property Taxes
21%
$460
Home Insurance
17%
$385
HOA
0%
$0
Property Management
10%
$221
CapEx
5%
$110
Vacancy
6%
$133
Maintenance
5%
$110
Other
0%
$0