This property looks like a bad Long-Term investment with a projected -23.18% first-year return on $166k initial cash invested.
-23.18%
Cash On Cash
2.25%
Cap Rate
0.33
DSCR
$4,122
Rent
-$3,213
Cashflow
Cash Flow
$4,122 income − $7,335 expenses = $3,213 out of pocket
Investment Breakdown
|
Purchase Price
$792k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$166k
Downpayment
20%
$158k
Closing costs
1%
$7,919
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,122
Total Expenses
$7,335
Mortgage P&I
109%
$4,491
Property Taxes
36%
$1,493
Home Insurance
7%
$280
HOA
0%
$0
Property Management
10%
$412
CapEx
5%
$206
Vacancy
6%
$247
Maintenance
5%
$206
Other
0%
$0