This property looks like a bad Long-Term investment with a projected -15.97% first-year return on $164k initial cash invested.
-15.97%
Cash On Cash
3.34%
Cap Rate
0.53
DSCR
$4,430
Rent
-$2,185
Cashflow
Cash Flow
$4,430 income − $6,615 expenses = $2,185 out of pocket
Investment Breakdown
|
Purchase Price
$782k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$164k
Downpayment
20%
$156k
Closing costs
1%
$7,820
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,430
Total Expenses
$6,615
Mortgage P&I
93%
$4,141
Property Taxes
24%
$1,080
Home Insurance
5%
$241
HOA
0%
$0
Property Management
10%
$443
CapEx
5%
$222
Vacancy
6%
$266
Maintenance
5%
$222
Other
0%
$0