This property looks like a bad Long-Term investment with a projected -23.93% first-year return on $165k initial cash invested.
-23.93%
Cash On Cash
1.76%
Cap Rate
0.27
DSCR
$2,248
Rent
-$3,287
Cashflow
Cash Flow
$2,248 income − $5,535 expenses = $3,287 out of pocket
Investment Breakdown
|
Purchase Price
$785k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$165k
Downpayment
20%
$157k
Closing costs
1%
$7,849
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,248
Total Expenses
$5,535
Mortgage P&I
192%
$4,323
Property Taxes
16%
$353
Home Insurance
12%
$275
HOA
0%
$0
Property Management
10%
$225
CapEx
5%
$112
Vacancy
6%
$135
Maintenance
5%
$112
Other
0%
$0