This property looks like a bad Long-Term investment with a projected -25.76% first-year return on $163k initial cash invested.
-25.76%
Cash On Cash
1.51%
Cap Rate
0.22
DSCR
$2,608
Rent
-$3,495
Cashflow
Cash Flow
$2,608 income − $6,103 expenses = $3,495 out of pocket
Investment Breakdown
|
Purchase Price
$775k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$163k
Downpayment
20%
$155k
Closing costs
1%
$7,754
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,608
Total Expenses
$6,103
Mortgage P&I
166%
$4,341
Property Taxes
27%
$701
Home Insurance
11%
$284
HOA
4%
$100
Property Management
10%
$261
CapEx
5%
$130
Vacancy
6%
$156
Maintenance
5%
$130
Other
0%
$0