This property looks like a bad Long-Term investment with a projected -19.59% first-year return on $165k initial cash invested.
-19.59%
Cash On Cash
2.64%
Cap Rate
0.41
DSCR
$3,526
Rent
-$2,693
Cashflow
Cash Flow
$3,526 income − $6,219 expenses = $2,693 out of pocket
Investment Breakdown
|
Purchase Price
$786k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$165k
Downpayment
20%
$157k
Closing costs
1%
$7,855
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,526
Total Expenses
$6,219
Mortgage P&I
120%
$4,243
Property Taxes
22%
$779
Home Insurance
8%
$280
HOA
0%
$0
Property Management
10%
$353
CapEx
5%
$176
Vacancy
6%
$212
Maintenance
5%
$176
Other
0%
$0