This property looks like a bad Long-Term investment with a projected -24.53% first-year return on $162k initial cash invested.
-24.53%
Cash On Cash
1.63%
Cap Rate
0.25
DSCR
$2,836
Rent
-$3,316
Cashflow
Cash Flow
$2,836 income − $6,152 expenses = $3,316 out of pocket
Investment Breakdown
|
Purchase Price
$772k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$162k
Downpayment
20%
$154k
Closing costs
1%
$7,724
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,836
Total Expenses
$6,152
Mortgage P&I
149%
$4,225
Property Taxes
32%
$916
Home Insurance
10%
$273
HOA
0%
$0
Property Management
10%
$284
CapEx
5%
$142
Vacancy
6%
$170
Maintenance
5%
$142
Other
0%
$0