This property looks like a bad Long-Term investment with a projected -9.13% first-year return on $168k initial cash invested.
-9.13%
Cash On Cash
4.73%
Cap Rate
0.76
DSCR
$5,161
Rent
-$1,277
Cashflow
Cash Flow
$5,161 income − $6,438 expenses = $1,277 out of pocket
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
6.8%
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
$5,161
Total Expenses
$6,438
Mortgage P&I
81%
$4,166
Property Taxes
13%
$650
Home Insurance
5%
$280
HOA
0%
$0
Property Management
10%
$516
CapEx
5%
$258
Vacancy
6%
$310
Maintenance
5%
$258
Other
0%
$0