This property looks like a bad Long-Term investment with a projected -19.52% first-year return on $168k initial cash invested.
-19.52%
Cash On Cash
2.69%
Cap Rate
0.41
DSCR
$3,608
Rent
-$2,732
Cashflow
Cash Flow
$3,608 income − $6,340 expenses = $2,732 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
7.2%
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
$3,608
Total Expenses
$6,340
Mortgage P&I
120%
$4,343
Property Taxes
22%
$780
Home Insurance
8%
$280
HOA
0%
$0
Property Management
10%
$361
CapEx
5%
$180
Vacancy
6%
$216
Maintenance
5%
$180
Other
0%
$0