This property looks like a bad Long-Term investment with a projected -10.62% first-year return on $165k initial cash invested.
-10.62%
Cash On Cash
4.67%
Cap Rate
0.72
DSCR
$5,160
Rent
-$1,457
Cashflow
Cash Flow
$5,160 income − $6,617 expenses = $1,457 out of pocket
Investment Breakdown
|
Purchase Price
$784k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$165k
Downpayment
20%
$157k
Closing costs
1%
$7,839
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,160
Total Expenses
$6,617
Mortgage P&I
82%
$4,248
Property Taxes
14%
$747
Home Insurance
5%
$280
HOA
0%
$0
Property Management
10%
$516
CapEx
5%
$258
Vacancy
6%
$310
Maintenance
5%
$258
Other
0%
$0