This property looks like a bad Long-Term investment with a projected -17.47% first-year return on $163k initial cash invested.
-17.47%
Cash On Cash
3.14%
Cap Rate
0.48
DSCR
$3,730
Rent
-$2,367
Cashflow
Cash Flow
$3,730 income − $6,097 expenses = $2,367 out of pocket
Investment Breakdown
|
Purchase Price
$774k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$163k
Downpayment
20%
$155k
Closing costs
1%
$7,742
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,730
Total Expenses
$6,097
Mortgage P&I
113%
$4,204
Property Taxes
18%
$662
Home Insurance
7%
$262
HOA
0%
$0
Property Management
10%
$373
CapEx
5%
$186
Vacancy
6%
$224
Maintenance
5%
$186
Other
0%
$0