This property looks like a bad Long-Term investment with a projected -12.58% first-year return on $163k initial cash invested.
-12.58%
Cash On Cash
4.14%
Cap Rate
0.65
DSCR
$5,015
Rent
-$1,713
Cashflow
Cash Flow
$5,015 income − $6,728 expenses = $1,713 out of pocket
Investment Breakdown
|
Purchase Price
$778k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$163k
Downpayment
20%
$156k
Closing costs
1%
$7,781
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,015
Total Expenses
$6,728
Mortgage P&I
83%
$4,148
Property Taxes
20%
$1,004
Home Insurance
5%
$271
HOA
0%
$0
Property Management
10%
$502
CapEx
5%
$251
Vacancy
6%
$301
Maintenance
5%
$251
Other
0%
$0