This property looks like a bad Long-Term investment with a projected -13.47% first-year return on $161k initial cash invested.
-13.47%
Cash On Cash
4.21%
Cap Rate
0.63
DSCR
$4,823
Rent
-$1,803
Cashflow
Cash Flow
$4,823 income − $6,626 expenses = $1,803 out of pocket
Investment Breakdown
|
Purchase Price
$765k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$153k
Closing costs
1%
$7,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,823
Total Expenses
$6,626
Mortgage P&I
88%
$4,249
Property Taxes
18%
$862
Home Insurance
5%
$262
HOA
0%
$0
Property Management
10%
$482
CapEx
5%
$241
Vacancy
6%
$289
Maintenance
5%
$241
Other
0%
$0