This property looks like a bad Long-Term investment with a projected -17.73% first-year return on $169k initial cash invested.
-17.73%
Cash On Cash
3.18%
Cap Rate
0.48
DSCR
$4,049
Rent
-$2,496
Cashflow
Cash Flow
$4,049 income − $6,545 expenses = $2,496 out of pocket
Investment Breakdown
|
Purchase Price
$804k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$169k
Downpayment
20%
$161k
Closing costs
1%
$8,043
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,049
Total Expenses
$6,545
Mortgage P&I
109%
$4,427
Property Taxes
19%
$786
Home Insurance
7%
$280
HOA
0%
$0
Property Management
10%
$405
CapEx
5%
$202
Vacancy
6%
$243
Maintenance
5%
$202
Other
0%
$0