This property looks like a bad Long-Term investment with a projected -19.74% first-year return on $166k initial cash invested.
-19.74%
Cash On Cash
2.5%
Cap Rate
0.39
DSCR
$3,655
Rent
-$2,722
Cashflow
Cash Flow
$3,655 income − $6,377 expenses = $2,722 out of pocket
Investment Breakdown
|
Purchase Price
$788k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$166k
Downpayment
20%
$158k
Closing costs
1%
$7,881
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,655
Total Expenses
$6,377
Mortgage P&I
114%
$4,184
Property Taxes
25%
$910
Home Insurance
9%
$332
HOA
0%
$0
Property Management
10%
$366
CapEx
5%
$183
Vacancy
6%
$219
Maintenance
5%
$183
Other
0%
$0