This property looks like a bad Long-Term investment with a projected -12.87% first-year return on $161k initial cash invested.
-12.87%
Cash On Cash
3.7%
Cap Rate
0.61
DSCR
$4,017
Rent
-$1,725
Cashflow
Cash Flow
$4,017 income − $5,742 expenses = $1,725 out of pocket
Investment Breakdown
|
Purchase Price
$766k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$153k
Closing costs
1%
$7,659
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,017
Total Expenses
$5,742
Mortgage P&I
97%
$3,885
Property Taxes
13%
$537
Home Insurance
7%
$275
HOA
0%
$0
Property Management
10%
$402
CapEx
5%
$201
Vacancy
6%
$241
Maintenance
5%
$201
Other
0%
$0