This property looks like a bad Long-Term investment with a projected -18.84% first-year return on $168k initial cash invested.
-18.84%
Cash On Cash
2.37%
Cap Rate
0.39
DSCR
$3,192
Rent
-$2,632
Cashflow
Cash Flow
$3,192 income − $5,824 expenses = $2,632 out of pocket
Investment Breakdown
|
Purchase Price
$798k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$7,984
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,192
Total Expenses
$5,824
Mortgage P&I
127%
$4,046
Property Taxes
21%
$658
Home Insurance
9%
$289
HOA
0%
$0
Property Management
10%
$319
CapEx
5%
$160
Vacancy
6%
$192
Maintenance
5%
$160
Other
0%
$0