This property looks like a bad Long-Term investment with a projected -18.82% first-year return on $163k initial cash invested.
-18.82%
Cash On Cash
2.91%
Cap Rate
0.44
DSCR
$4,166
Rent
-$2,552
Cashflow
Cash Flow
$4,166 income − $6,718 expenses = $2,552 out of pocket
Investment Breakdown
|
Purchase Price
$775k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$163k
Downpayment
20%
$155k
Closing costs
1%
$7,747
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,166
Total Expenses
$6,718
Mortgage P&I
101%
$4,220
Property Taxes
18%
$731
Home Insurance
6%
$269
HOA
10%
$415
Property Management
10%
$417
CapEx
5%
$208
Vacancy
6%
$250
Maintenance
5%
$208
Other
0%
$0