This property looks like a bad Long-Term investment with a projected -12.63% first-year return on $167k initial cash invested.
-12.63%
Cash On Cash
4.19%
Cap Rate
0.65
DSCR
$4,862
Rent
-$1,757
Cashflow
Cash Flow
$4,862 income − $6,619 expenses = $1,757 out of pocket
Investment Breakdown
|
Purchase Price
$795k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$167k
Downpayment
20%
$159k
Closing costs
1%
$7,949
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,862
Total Expenses
$6,619
Mortgage P&I
88%
$4,289
Property Taxes
16%
$786
Home Insurance
6%
$280
HOA
0%
$0
Property Management
10%
$486
CapEx
5%
$243
Vacancy
6%
$292
Maintenance
5%
$243
Other
0%
$0