This property looks like a bad Long-Term investment with a projected -20.7% first-year return on $160k initial cash invested.
-20.7%
Cash On Cash
2.35%
Cap Rate
0.37
DSCR
$4,145
Rent
-$2,756
Cashflow
Cash Flow
$4,145 income − $6,901 expenses = $2,756 out of pocket
Investment Breakdown
|
Purchase Price
$761k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$160k
Downpayment
20%
$152k
Closing costs
1%
$7,608
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,145
Total Expenses
$6,901
Mortgage P&I
97%
$4,038
Property Taxes
32%
$1,331
Home Insurance
7%
$270
HOA
4%
$185
Property Management
10%
$414
CapEx
5%
$207
Vacancy
6%
$249
Maintenance
5%
$207
Other
0%
$0