This property looks like a bad Long-Term investment with a projected -14.9% first-year return on $168k initial cash invested.
-14.9%
Cash On Cash
3.61%
Cap Rate
0.57
DSCR
$5,078
Rent
-$2,083
Cashflow
Cash Flow
$5,078 income − $7,161 expenses = $2,083 out of pocket
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
7.0%
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
$5,078
Total Expenses
$7,161
Mortgage P&I
83%
$4,234
Property Taxes
26%
$1,326
Home Insurance
6%
$280
HOA
0%
$0
Property Management
10%
$508
CapEx
5%
$254
Vacancy
6%
$305
Maintenance
5%
$254
Other
0%
$0