This property looks like a bad Long-Term investment with a projected -25.73% first-year return on $163k initial cash invested.
-25.73%
Cash On Cash
1.19%
Cap Rate
0.19
DSCR
$2,293
Rent
-$3,489
Cashflow
Cash Flow
$2,293 income − $5,782 expenses = $3,489 out of pocket
Investment Breakdown
|
Purchase Price
$775k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,293
Total Expenses
$5,782
Mortgage P&I
181%
$4,144
Property Taxes
31%
$712
Home Insurance
12%
$271
HOA
3%
$58
Property Management
10%
$229
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0