This property looks like a bad Long-Term investment with a projected -19.46% first-year return on $166k initial cash invested.
-19.46%
Cash On Cash
2.63%
Cap Rate
0.41
DSCR
$3,359
Rent
-$2,687
Cashflow
Cash Flow
$3,359 income − $6,046 expenses = $2,687 out of pocket
Investment Breakdown
|
Purchase Price
$789k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$166k
Downpayment
20%
$158k
Closing costs
1%
$7,889
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,359
Total Expenses
$6,046
Mortgage P&I
127%
$4,251
Property Taxes
19%
$636
Home Insurance
8%
$285
HOA
0%
$0
Property Management
10%
$336
CapEx
5%
$168
Vacancy
6%
$202
Maintenance
5%
$168
Other
0%
$0