This property looks like a bad Long-Term investment with a projected -10.08% first-year return on $172k initial cash invested.
-10.08%
Cash On Cash
4.65%
Cap Rate
0.73
DSCR
$5,508
Rent
-$1,441
Cashflow
Cash Flow
$5,508 income − $6,949 expenses = $1,441 out of pocket
Investment Breakdown
|
Purchase Price
$817k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$172k
Downpayment
20%
$163k
Closing costs
1%
$8,171
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,508
Total Expenses
$6,949
Mortgage P&I
79%
$4,330
Property Taxes
16%
$885
Home Insurance
6%
$303
HOA
0%
$0
Property Management
10%
$551
CapEx
5%
$275
Vacancy
6%
$330
Maintenance
5%
$275
Other
0%
$0