This property looks like a bad Long-Term investment with a projected -17.54% first-year return on $168k initial cash invested.
-17.54%
Cash On Cash
3.22%
Cap Rate
0.49
DSCR
$3,708
Rent
-$2,452
Cashflow
Cash Flow
$3,708 income − $6,160 expenses = $2,452 out of pocket
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
7.4%
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
$3,708
Total Expenses
$6,160
Mortgage P&I
119%
$4,411
Property Taxes
14%
$506
Home Insurance
8%
$280
HOA
0%
$0
Property Management
10%
$371
CapEx
5%
$185
Vacancy
6%
$222
Maintenance
5%
$185
Other
0%
$0