This property looks like a bad Long-Term investment with a projected -18.97% first-year return on $165k initial cash invested.
-18.97%
Cash On Cash
2.38%
Cap Rate
0.39
DSCR
$3,607
Rent
-$2,609
Cashflow
Cash Flow
$3,607 income − $6,216 expenses = $2,609 out of pocket
Investment Breakdown
|
Purchase Price
$786k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$165k
Downpayment
20%
$157k
Closing costs
1%
$7,861
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,607
Total Expenses
$6,216
Mortgage P&I
111%
$3,988
Property Taxes
28%
$1,011
Home Insurance
8%
$280
HOA
0%
$0
Property Management
10%
$361
CapEx
5%
$180
Vacancy
6%
$216
Maintenance
5%
$180
Other
0%
$0