This property looks like a bad Long-Term investment with a projected -13.63% first-year return on $165k initial cash invested.
-13.63%
Cash On Cash
3.86%
Cap Rate
0.6
DSCR
$4,212
Rent
-$1,873
Cashflow
Cash Flow
$4,212 income − $6,085 expenses = $1,873 out of pocket
Investment Breakdown
|
Purchase Price
$786k
Downpayment
20.0%
Interest Rate
7.0%
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
$4,212
Total Expenses
$6,085
Mortgage P&I
100%
$4,191
Property Taxes
9%
$377
Home Insurance
6%
$271
HOA
4%
$150
Property Management
10%
$421
CapEx
5%
$211
Vacancy
6%
$253
Maintenance
5%
$211
Other
0%
$0