This property looks like a bad Long-Term investment with a projected -25.29% first-year return on $161k initial cash invested.
-25.29%
Cash On Cash
1.41%
Cap Rate
0.22
DSCR
$2,337
Rent
-$3,390
Cashflow
Cash Flow
$2,337 income − $5,727 expenses = $3,390 out of pocket
Investment Breakdown
|
Purchase Price
$766k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$153k
Closing costs
1%
$7,661
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,337
Total Expenses
$5,727
Mortgage P&I
178%
$4,171
Property Taxes
29%
$668
Home Insurance
12%
$280
HOA
0%
$0
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0