This property looks like a bad Long-Term investment with a projected -14.1% first-year return on $163k initial cash invested.
-14.1%
Cash On Cash
4.04%
Cap Rate
0.61
DSCR
$4,605
Rent
-$1,912
Cashflow
Cash Flow
$4,605 income − $6,517 expenses = $1,912 out of pocket
Investment Breakdown
|
Purchase Price
$775k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$163k
Downpayment
20%
$155k
Closing costs
1%
$7,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,605
Total Expenses
$6,517
Mortgage P&I
93%
$4,294
Property Taxes
16%
$756
Home Insurance
6%
$271
HOA
0%
$0
Property Management
10%
$460
CapEx
5%
$230
Vacancy
6%
$276
Maintenance
5%
$230
Other
0%
$0