This property looks like a bad Long-Term investment with a projected -29.48% first-year return on $160k initial cash invested.
-29.48%
Cash On Cash
0.77%
Cap Rate
0.11
DSCR
$1,571
Rent
-$3,940
Cashflow
Cash Flow
$1,571 income − $5,511 expenses = $3,940 out of pocket
Investment Breakdown
|
Purchase Price
$764k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$160k
Downpayment
20%
$153k
Closing costs
1%
$7,636
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,571
Total Expenses
$5,511
Mortgage P&I
277%
$4,354
Property Taxes
30%
$468
Home Insurance
18%
$280
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$79
Vacancy
6%
$94
Maintenance
5%
$79
Other
0%
$0