This property looks like a bad Long-Term investment with a projected -14.9% first-year return on $164k initial cash invested.
-14.9%
Cash On Cash
3.83%
Cap Rate
0.58
DSCR
$4,248
Rent
-$2,034
Cashflow
Cash Flow
$4,248 income − $6,282 expenses = $2,034 out of pocket
Investment Breakdown
|
Purchase Price
$780k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$164k
Downpayment
20%
$156k
Closing costs
1%
$7,799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,248
Total Expenses
$6,282
Mortgage P&I
102%
$4,312
Property Taxes
10%
$428
Home Insurance
6%
$273
HOA
4%
$165
Property Management
10%
$425
CapEx
5%
$212
Vacancy
6%
$255
Maintenance
5%
$212
Other
0%
$0