This property looks like a bad Long-Term investment with a projected -16.86% first-year return on $168k initial cash invested.
-16.86%
Cash On Cash
3.32%
Cap Rate
0.51
DSCR
$3,972
Rent
-$2,358
Cashflow
Cash Flow
$3,972 income − $6,330 expenses = $2,358 out of pocket
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
7.3%
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
$3,972
Total Expenses
$6,330
Mortgage P&I
110%
$4,371
Property Taxes
16%
$646
Home Insurance
7%
$280
HOA
0%
$0
Property Management
10%
$397
CapEx
5%
$199
Vacancy
6%
$238
Maintenance
5%
$199
Other
0%
$0