This property looks like a bad Long-Term investment with a projected -25.01% first-year return on $165k initial cash invested.
-25.01%
Cash On Cash
1.51%
Cap Rate
0.23
DSCR
$2,114
Rent
-$3,440
Cashflow
Cash Flow
$2,114 income − $5,554 expenses = $3,440 out of pocket
Investment Breakdown
|
Purchase Price
$786k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,114
Total Expenses
$5,554
Mortgage P&I
205%
$4,326
Property Taxes
18%
$380
Home Insurance
14%
$298
HOA
0%
$0
Property Management
10%
$211
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0