This property looks like a bad Long-Term investment with a projected -16.1% first-year return on $161k initial cash invested.
-16.1%
Cash On Cash
3.44%
Cap Rate
0.53
DSCR
$4,141
Rent
-$2,166
Cashflow
Cash Flow
$4,141 income − $6,307 expenses = $2,166 out of pocket
Investment Breakdown
|
Purchase Price
$769k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$154k
Closing costs
1%
$7,686
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,141
Total Expenses
$6,307
Mortgage P&I
101%
$4,164
Property Taxes
19%
$794
Home Insurance
7%
$273
HOA
0%
$0
Property Management
10%
$414
CapEx
5%
$207
Vacancy
6%
$248
Maintenance
5%
$207
Other
0%
$0