This property looks like a bad Long-Term investment with a projected -19.47% first-year return on $166k initial cash invested.
-19.47%
Cash On Cash
2.29%
Cap Rate
0.37
DSCR
$2,736
Rent
-$2,688
Cashflow
Cash Flow
$2,736 income − $5,424 expenses = $2,688 out of pocket
Investment Breakdown
|
Purchase Price
$789k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$166k
Downpayment
20%
$158k
Closing costs
1%
$7,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,736
Total Expenses
$5,424
Mortgage P&I
148%
$4,054
Property Taxes
14%
$382
Home Insurance
10%
$276
HOA
0%
$0
Property Management
10%
$274
CapEx
5%
$137
Vacancy
6%
$164
Maintenance
5%
$137
Other
0%
$0