This property looks like a bad Long-Term investment with a projected -18.82% first-year return on $163k initial cash invested.
-18.82%
Cash On Cash
2.79%
Cap Rate
0.43
DSCR
$3,748
Rent
-$2,559
Cashflow
Cash Flow
$3,748 income − $6,307 expenses = $2,559 out of pocket
Investment Breakdown
|
Purchase Price
$777k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$163k
Downpayment
20%
$155k
Closing costs
1%
$7,768
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,748
Total Expenses
$6,307
Mortgage P&I
111%
$4,177
Property Taxes
19%
$724
Home Insurance
7%
$269
HOA
4%
$163
Property Management
10%
$375
CapEx
5%
$187
Vacancy
6%
$225
Maintenance
5%
$187
Other
0%
$0