This property looks like a bad Long-Term investment with a projected -24.34% first-year return on $161k initial cash invested.
-24.34%
Cash On Cash
1.72%
Cap Rate
0.26
DSCR
$2,345
Rent
-$3,266
Cashflow
Cash Flow
$2,345 income − $5,611 expenses = $3,266 out of pocket
Investment Breakdown
|
Purchase Price
$767k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$153k
Closing costs
1%
$7,667
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,345
Total Expenses
$5,611
Mortgage P&I
181%
$4,246
Property Taxes
21%
$483
Home Insurance
12%
$273
HOA
0%
$0
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$141
Maintenance
5%
$117
Other
0%
$0