This property looks like a bad Long-Term investment with a projected -10.88% first-year return on $168k initial cash invested.
-10.88%
Cash On Cash
4.19%
Cap Rate
0.69
DSCR
$5,133
Rent
-$1,521
Cashflow
Cash Flow
$5,133 income − $6,654 expenses = $1,521 out of pocket
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
6.5%
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
$5,133
Total Expenses
$6,654
Mortgage P&I
79%
$4,054
Property Taxes
19%
$985
Home Insurance
5%
$280
HOA
0%
$0
Property Management
10%
$513
CapEx
5%
$257
Vacancy
6%
$308
Maintenance
5%
$257
Other
0%
$0