This property looks like a bad Long-Term investment with a projected -8.28% first-year return on $168k initial cash invested.
-8.28%
Cash On Cash
4.77%
Cap Rate
0.78
DSCR
$5,603
Rent
-$1,160
Cashflow
Cash Flow
$5,603 income − $6,763 expenses = $1,160 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$8,002
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,603
Total Expenses
$6,763
Mortgage P&I
73%
$4,062
Property Taxes
16%
$900
Home Insurance
6%
$345
HOA
0%
$0
Property Management
10%
$560
CapEx
5%
$280
Vacancy
6%
$336
Maintenance
5%
$280
Other
0%
$0