This property looks like a bad Long-Term investment with a projected -17.68% first-year return on $161k initial cash invested.
-17.68%
Cash On Cash
3%
Cap Rate
0.47
DSCR
$3,859
Rent
-$2,367
Cashflow
Cash Flow
$3,859 income − $6,226 expenses = $2,367 out of pocket
Investment Breakdown
|
Purchase Price
$765k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,859
Total Expenses
$6,226
Mortgage P&I
106%
$4,089
Property Taxes
18%
$676
Home Insurance
7%
$268
HOA
5%
$189
Property Management
10%
$386
CapEx
5%
$193
Vacancy
6%
$232
Maintenance
5%
$193
Other
0%
$0