This property looks like a bad Long-Term investment with a projected -9.26% first-year return on $168k initial cash invested.
-9.26%
Cash On Cash
4.84%
Cap Rate
0.75
DSCR
$4,735
Rent
-$1,296
Cashflow
Cash Flow
$4,735 income − $6,031 expenses = $1,296 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$8,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,735
Total Expenses
$6,031
Mortgage P&I
91%
$4,288
Property Taxes
5%
$231
Home Insurance
6%
$280
HOA
0%
$0
Property Management
10%
$474
CapEx
5%
$237
Vacancy
6%
$284
Maintenance
5%
$237
Other
0%
$0