This property looks like a bad Long-Term investment with a projected -20.98% first-year return on $168k initial cash invested.
-20.98%
Cash On Cash
2.36%
Cap Rate
0.36
DSCR
$3,312
Rent
-$2,936
Cashflow
Cash Flow
$3,312 income − $6,248 expenses = $2,936 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$7,995
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,312
Total Expenses
$6,248
Mortgage P&I
131%
$4,341
Property Taxes
23%
$758
Home Insurance
9%
$287
HOA
0%
$0
Property Management
10%
$331
CapEx
5%
$166
Vacancy
6%
$199
Maintenance
5%
$166
Other
0%
$0