This property looks like a bad Long-Term investment with a projected -18.53% first-year return on $165k initial cash invested.
-18.53%
Cash On Cash
2.92%
Cap Rate
0.45
DSCR
$3,382
Rent
-$2,544
Cashflow
Cash Flow
$3,382 income − $5,926 expenses = $2,544 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%
$7,846
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,382
Total Expenses
$5,926
Mortgage P&I
127%
$4,282
Property Taxes
14%
$481
Home Insurance
8%
$284
HOA
0%
$0
Property Management
10%
$338
CapEx
5%
$169
Vacancy
6%
$203
Maintenance
5%
$169
Other
0%
$0