This property looks like a bad Long-Term investment with a projected -15.86% first-year return on $165k initial cash invested.
-15.86%
Cash On Cash
3.52%
Cap Rate
0.54
DSCR
$3,904
Rent
-$2,176
Cashflow
Cash Flow
$3,904 income − $6,080 expenses = $2,176 out of pocket
Investment Breakdown
|
Purchase Price
$784k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$165k
Downpayment
20%
$157k
Closing costs
1%
$7,838
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,904
Total Expenses
$6,080
Mortgage P&I
110%
$4,278
Property Taxes
13%
$508
Home Insurance
7%
$280
HOA
0%
$0
Property Management
10%
$390
CapEx
5%
$195
Vacancy
6%
$234
Maintenance
5%
$195
Other
0%
$0