This property looks like a bad Long-Term investment with a projected -20.09% first-year return on $162k initial cash invested.
-20.09%
Cash On Cash
2.34%
Cap Rate
0.37
DSCR
$3,683
Rent
-$2,704
Cashflow
Cash Flow
$3,683 income − $6,387 expenses = $2,704 out of pocket
Investment Breakdown
|
Purchase Price
$769k
Downpayment
20.0%
Interest Rate
6.8%
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
$3,683
Total Expenses
$6,387
Mortgage P&I
109%
$4,022
Property Taxes
31%
$1,128
Home Insurance
8%
$280
HOA
0%
$0
Property Management
10%
$368
CapEx
5%
$184
Vacancy
6%
$221
Maintenance
5%
$184
Other
0%
$0