This property looks like a bad Long-Term investment with a projected -19.75% first-year return on $165k initial cash invested.
-19.75%
Cash On Cash
2.67%
Cap Rate
0.41
DSCR
$3,361
Rent
-$2,714
Cashflow
Cash Flow
$3,361 income − $6,075 expenses = $2,714 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%
$7,854
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,361
Total Expenses
$6,075
Mortgage P&I
128%
$4,294
Property Taxes
19%
$627
Home Insurance
8%
$280
HOA
0%
$0
Property Management
10%
$336
CapEx
5%
$168
Vacancy
6%
$202
Maintenance
5%
$168
Other
0%
$0