This property looks like a bad Long-Term investment with a projected -15.96% first-year return on $161k initial cash invested.
-15.96%
Cash On Cash
3.58%
Cap Rate
0.55
DSCR
$4,742
Rent
-$2,137
Cashflow
Cash Flow
$4,742 income − $6,879 expenses = $2,137 out of pocket
Investment Breakdown
|
Purchase Price
$765k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$153k
Closing costs
1%
$7,649
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,742
Total Expenses
$6,879
Mortgage P&I
88%
$4,180
Property Taxes
25%
$1,195
Home Insurance
6%
$271
HOA
0%
$0
Property Management
10%
$474
CapEx
5%
$237
Vacancy
6%
$285
Maintenance
5%
$237
Other
0%
$0