This property looks like a bad Long-Term investment with a projected -14.11% first-year return on $165k initial cash invested.
-14.11%
Cash On Cash
3.43%
Cap Rate
0.56
DSCR
$4,109
Rent
-$1,943
Cashflow
Cash Flow
$4,109 income − $6,052 expenses = $1,943 out of pocket
Investment Breakdown
|
Purchase Price
$787k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$165k
Downpayment
20%
$157k
Closing costs
1%
$7,867
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,109
Total Expenses
$6,052
Mortgage P&I
97%
$3,986
Property Taxes
17%
$718
Home Insurance
7%
$280
HOA
0%
$0
Property Management
10%
$411
CapEx
5%
$205
Vacancy
6%
$247
Maintenance
5%
$205
Other
0%
$0