This property looks like a bad Long-Term investment with a projected -15.31% first-year return on $169k initial cash invested.
-15.31%
Cash On Cash
3.15%
Cap Rate
0.52
DSCR
$3,625
Rent
-$2,153
Cashflow
Cash Flow
$3,625 income − $5,778 expenses = $2,153 out of pocket
Investment Breakdown
|
Purchase Price
$804k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$169k
Downpayment
20%
$161k
Closing costs
1%
$8,035
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,625
Total Expenses
$5,778
Mortgage P&I
113%
$4,081
Property Taxes
13%
$466
Home Insurance
8%
$289
HOA
0%
$0
Property Management
10%
$362
CapEx
5%
$181
Vacancy
6%
$218
Maintenance
5%
$181
Other
0%
$0