This property looks like a bad Long-Term investment with a projected -15.33% first-year return on $165k initial cash invested.
-15.33%
Cash On Cash
3.47%
Cap Rate
0.54
DSCR
$3,988
Rent
-$2,111
Cashflow
Cash Flow
$3,988 income − $6,099 expenses = $2,111 out of pocket
Investment Breakdown
|
Purchase Price
$787k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$165k
Downpayment
20%
$157k
Closing costs
1%
$7,869
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,988
Total Expenses
$6,099
Mortgage P&I
105%
$4,188
Property Taxes
11%
$455
Home Insurance
11%
$420
HOA
0%
$0
Property Management
10%
$399
CapEx
5%
$199
Vacancy
6%
$239
Maintenance
5%
$199
Other
0%
$0