This property looks like a bad Long-Term investment with a projected -19.76% first-year return on $163k initial cash invested.
-19.76%
Cash On Cash
2.71%
Cap Rate
0.41
DSCR
$3,901
Rent
-$2,678
Cashflow
Cash Flow
$3,901 income − $6,579 expenses = $2,678 out of pocket
Investment Breakdown
|
Purchase Price
$774k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$163k
Downpayment
20%
$155k
Closing costs
1%
$7,744
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,901
Total Expenses
$6,579
Mortgage P&I
109%
$4,235
Property Taxes
27%
$1,050
Home Insurance
7%
$280
HOA
0%
$0
Property Management
10%
$390
CapEx
5%
$195
Vacancy
6%
$234
Maintenance
5%
$195
Other
0%
$0