This property looks like a bad Long-Term investment with a projected -14.78% first-year return on $165k initial cash invested.
-14.78%
Cash On Cash
3.7%
Cap Rate
0.58
DSCR
$5,088
Rent
-$2,033
Cashflow
Cash Flow
$5,088 income − $7,121 expenses = $2,033 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%
$7,859
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,088
Total Expenses
$7,121
Mortgage P&I
83%
$4,201
Property Taxes
26%
$1,323
Home Insurance
5%
$275
HOA
0%
$0
Property Management
10%
$509
CapEx
5%
$254
Vacancy
6%
$305
Maintenance
5%
$254
Other
0%
$0