This property looks like a bad Long-Term investment with a projected -11.03% first-year return on $169k initial cash invested.
-11.03%
Cash On Cash
4.5%
Cap Rate
0.7
DSCR
$4,865
Rent
-$1,551
Cashflow
Cash Flow
$4,865 income − $6,416 expenses = $1,551 out of pocket
Investment Breakdown
|
Purchase Price
$804k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$169k
Downpayment
20%
$161k
Closing costs
1%
$8,035
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,865
Total Expenses
$6,416
Mortgage P&I
89%
$4,319
Property Taxes
11%
$535
Home Insurance
6%
$298
HOA
0%
$0
Property Management
10%
$486
CapEx
5%
$243
Vacancy
6%
$292
Maintenance
5%
$243
Other
0%
$0