This property looks like a bad Long-Term investment with a projected -25.66% first-year return on $169k initial cash invested.
-25.66%
Cash On Cash
1.33%
Cap Rate
0.2
DSCR
$2,264
Rent
-$3,622
Cashflow
Cash Flow
$2,264 income − $5,886 expenses = $3,622 out of pocket
Investment Breakdown
|
Purchase Price
$807k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$169k
Downpayment
20%
$161k
Closing costs
1%
$8,067
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,264
Total Expenses
$5,886
Mortgage P&I
195%
$4,406
Property Taxes
26%
$596
Home Insurance
13%
$296
HOA
0%
$0
Property Management
10%
$226
CapEx
5%
$113
Vacancy
6%
$136
Maintenance
5%
$113
Other
0%
$0