This property looks like a bad Long-Term investment with a projected -11.71% first-year return on $168k initial cash invested.
-11.71%
Cash On Cash
4.49%
Cap Rate
0.68
DSCR
$5,091
Rent
-$1,637
Cashflow
Cash Flow
$5,091 income − $6,728 expenses = $1,637 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
$5,091
Total Expenses
$6,728
Mortgage P&I
86%
$4,372
Property Taxes
15%
$752
Home Insurance
6%
$280
HOA
0%
$0
Property Management
10%
$509
CapEx
5%
$255
Vacancy
6%
$305
Maintenance
5%
$255
Other
0%
$0