This property looks like a bad Long-Term investment with a projected -9.48% first-year return on $169k initial cash invested.
-9.48%
Cash On Cash
4.83%
Cap Rate
0.76
DSCR
$5,685
Rent
-$1,338
Cashflow
Cash Flow
$5,685 income − $7,023 expenses = $1,338 out of pocket
Investment Breakdown
|
Purchase Price
$807k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$169k
Downpayment
20%
$161k
Closing costs
1%
$8,067
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,685
Total Expenses
$7,023
Mortgage P&I
76%
$4,304
Property Taxes
17%
$962
Home Insurance
5%
$280
HOA
0%
$0
Property Management
10%
$568
CapEx
5%
$284
Vacancy
6%
$341
Maintenance
5%
$284
Other
0%
$0