This property looks like a bad Long-Term investment with a projected -19.84% first-year return on $165k initial cash invested.
-19.84%
Cash On Cash
2.67%
Cap Rate
0.41
DSCR
$3,495
Rent
-$2,726
Cashflow
Cash Flow
$3,495 income − $6,221 expenses = $2,726 out of pocket
Investment Breakdown
|
Purchase Price
$785k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$165k
Downpayment
20%
$157k
Closing costs
1%
$7,851
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,495
Total Expenses
$6,221
Mortgage P&I
123%
$4,298
Property Taxes
21%
$733
Home Insurance
8%
$280
HOA
0%
$0
Property Management
10%
$350
CapEx
5%
$175
Vacancy
6%
$210
Maintenance
5%
$175
Other
0%
$0