This property looks like a bad Long-Term investment with a projected -17.04% first-year return on $162k initial cash invested.
-17.04%
Cash On Cash
3.33%
Cap Rate
0.51
DSCR
$4,176
Rent
-$2,294
Cashflow
Cash Flow
$4,176 income − $6,470 expenses = $2,294 out of pocket
Investment Breakdown
|
Purchase Price
$769k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$162k
Downpayment
20%
$154k
Closing costs
1%
$7,693
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,176
Total Expenses
$6,470
Mortgage P&I
101%
$4,223
Property Taxes
21%
$880
Home Insurance
7%
$280
HOA
0%
$0
Property Management
10%
$418
CapEx
5%
$209
Vacancy
6%
$251
Maintenance
5%
$209
Other
0%
$0