This property looks like a bad Long-Term investment with a projected -22.11% first-year return on $165k initial cash invested.
-22.11%
Cash On Cash
1.67%
Cap Rate
0.27
DSCR
$2,839
Rent
-$3,038
Cashflow
Cash Flow
$2,839 income − $5,877 expenses = $3,038 out of pocket
Investment Breakdown
|
Purchase Price
$785k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$165k
Downpayment
20%
$157k
Closing costs
1%
$7,850
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,839
Total Expenses
$5,877
Mortgage P&I
140%
$3,988
Property Taxes
31%
$876
Home Insurance
10%
$275
HOA
0%
$0
Property Management
10%
$284
CapEx
5%
$142
Vacancy
6%
$170
Maintenance
5%
$142
Other
0%
$0