This property looks like a bad Long-Term investment with a projected -12.33% first-year return on $168k initial cash invested.
-12.33%
Cash On Cash
4.23%
Cap Rate
0.65
DSCR
$4,765
Rent
-$1,724
Cashflow
Cash Flow
$4,765 income − $6,489 expenses = $1,724 out of pocket
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
7.1%
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
$4,765
Total Expenses
$6,489
Mortgage P&I
90%
$4,302
Property Taxes
9%
$417
Home Insurance
6%
$280
HOA
5%
$252
Property Management
10%
$476
CapEx
5%
$238
Vacancy
6%
$286
Maintenance
5%
$238
Other
0%
$0