This property looks like a bad Long-Term investment with a projected -10.84% first-year return on $168k initial cash invested.
-10.84%
Cash On Cash
4.54%
Cap Rate
0.71
DSCR
$5,209
Rent
-$1,516
Cashflow
Cash Flow
$5,209 income − $6,725 expenses = $1,516 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
$5,209
Total Expenses
$6,725
Mortgage P&I
82%
$4,279
Property Taxes
16%
$812
Home Insurance
5%
$280
HOA
0%
$0
Property Management
10%
$521
CapEx
5%
$260
Vacancy
6%
$313
Maintenance
5%
$260
Other
0%
$0