This property looks like a bad Long-Term investment with a projected -7.67% first-year return on $166k initial cash invested.
-7.67%
Cash On Cash
4.97%
Cap Rate
0.81
DSCR
$5,665
Rent
-$1,064
Cashflow
Cash Flow
$5,665 income − $6,729 expenses = $1,064 out of pocket
Investment Breakdown
|
Purchase Price
$793k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$166k
Downpayment
20%
$159k
Closing costs
1%
$7,926
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,665
Total Expenses
$6,729
Mortgage P&I
72%
$4,064
Property Taxes
16%
$913
Home Insurance
5%
$280
HOA
0%
$0
Property Management
10%
$566
CapEx
5%
$283
Vacancy
6%
$340
Maintenance
5%
$283
Other
0%
$0