This property looks like a bad Long-Term investment with a projected -18.09% first-year return on $168k initial cash invested.
-18.09%
Cash On Cash
2.75%
Cap Rate
0.44
DSCR
$3,386
Rent
-$2,529
Cashflow
Cash Flow
$3,386 income − $5,915 expenses = $2,529 out of pocket
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
6.8%
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
$3,386
Total Expenses
$5,915
Mortgage P&I
124%
$4,188
Property Taxes
16%
$542
Home Insurance
8%
$280
HOA
1%
$25
Property Management
10%
$339
CapEx
5%
$169
Vacancy
6%
$203
Maintenance
5%
$169
Other
0%
$0