This property looks like a bad Long-Term investment with a projected -17.07% first-year return on $165k initial cash invested.
-17.07%
Cash On Cash
3.44%
Cap Rate
0.51
DSCR
$3,987
Rent
-$2,347
Cashflow
Cash Flow
$3,987 income − $6,334 expenses = $2,347 out of pocket
Investment Breakdown
|
Purchase Price
$786k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$165k
Downpayment
20%
$157k
Closing costs
1%
$7,857
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,987
Total Expenses
$6,334
Mortgage P&I
110%
$4,399
Property Taxes
16%
$619
Home Insurance
7%
$280
HOA
0%
$0
Property Management
10%
$399
CapEx
5%
$199
Vacancy
6%
$239
Maintenance
5%
$199
Other
0%
$0