This property looks like a bad Long-Term investment with a projected -17.34% first-year return on $161k initial cash invested.
-17.34%
Cash On Cash
3.22%
Cap Rate
0.49
DSCR
$4,383
Rent
-$2,322
Cashflow
Cash Flow
$4,383 income − $6,705 expenses = $2,322 out of pocket
Investment Breakdown
|
Purchase Price
$765k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$153k
Closing costs
1%
$7,654
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,383
Total Expenses
$6,705
Mortgage P&I
95%
$4,155
Property Taxes
26%
$1,149
Home Insurance
6%
$262
HOA
0%
$0
Property Management
10%
$438
CapEx
5%
$219
Vacancy
6%
$263
Maintenance
5%
$219
Other
0%
$0