This property looks like a bad Long-Term investment with a projected -19.41% first-year return on $162k initial cash invested.
-19.41%
Cash On Cash
2.71%
Cap Rate
0.42
DSCR
$3,322
Rent
-$2,625
Cashflow
Cash Flow
$3,322 income − $5,947 expenses = $2,625 out of pocket
Investment Breakdown
|
Purchase Price
$773k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$162k
Downpayment
20%
$155k
Closing costs
1%
$7,729
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,322
Total Expenses
$5,947
Mortgage P&I
127%
$4,204
Property Taxes
18%
$600
Home Insurance
8%
$280
HOA
0%
$0
Property Management
10%
$332
CapEx
5%
$166
Vacancy
6%
$199
Maintenance
5%
$166
Other
0%
$0