This property looks like a bad Long-Term investment with a projected -15.35% first-year return on $164k initial cash invested.
-15.35%
Cash On Cash
3.21%
Cap Rate
0.52
DSCR
$4,127
Rent
-$2,099
Cashflow
Cash Flow
$4,127 income − $6,226 expenses = $2,099 out of pocket
Investment Breakdown
|
Purchase Price
$782k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$164k
Downpayment
20%
$156k
Closing costs
1%
$7,815
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,127
Total Expenses
$6,226
Mortgage P&I
97%
$3,983
Property Taxes
22%
$894
Home Insurance
7%
$276
HOA
0%
$0
Property Management
10%
$413
CapEx
5%
$206
Vacancy
6%
$248
Maintenance
5%
$206
Other
0%
$0