This property looks like a bad Long-Term investment with a projected -13.12% first-year return on $168k initial cash invested.
-13.12%
Cash On Cash
4.11%
Cap Rate
0.63
DSCR
$4,813
Rent
-$1,835
Cashflow
Cash Flow
$4,813 income − $6,648 expenses = $1,835 out of pocket
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
7.2%
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
$4,813
Total Expenses
$6,648
Mortgage P&I
90%
$4,330
Property Taxes
16%
$786
Home Insurance
6%
$280
HOA
0%
$0
Property Management
10%
$481
CapEx
5%
$241
Vacancy
6%
$289
Maintenance
5%
$241
Other
0%
$0