This property looks like a bad Long-Term investment with a projected -13.62% first-year return on $168k initial cash invested.
-13.62%
Cash On Cash
4.09%
Cap Rate
0.62
DSCR
$4,510
Rent
-$1,905
Cashflow
Cash Flow
$4,510 income − $6,415 expenses = $1,905 out of pocket
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
7.3%
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
$4,510
Total Expenses
$6,415
Mortgage P&I
98%
$4,399
Property Taxes
12%
$562
Home Insurance
6%
$280
HOA
0%
$0
Property Management
10%
$451
CapEx
5%
$226
Vacancy
6%
$271
Maintenance
5%
$226
Other
0%
$0