This property looks like a bad Long-Term investment with a projected -12.96% first-year return on $169k initial cash invested.
-12.96%
Cash On Cash
3.68%
Cap Rate
0.6
DSCR
$4,135
Rent
-$1,830
Cashflow
Cash Flow
$4,135 income − $5,965 expenses = $1,830 out of pocket
Investment Breakdown
|
Purchase Price
$807k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$169k
Downpayment
20%
$161k
Closing costs
1%
$8,070
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,135
Total Expenses
$5,965
Mortgage P&I
99%
$4,096
Property Taxes
12%
$504
Home Insurance
7%
$289
HOA
0%
$0
Property Management
10%
$414
CapEx
5%
$207
Vacancy
6%
$248
Maintenance
5%
$207
Other
0%
$0