This property looks like a bad Long-Term investment with a projected -17.23% first-year return on $162k initial cash invested.
-17.23%
Cash On Cash
3.17%
Cap Rate
0.49
DSCR
$3,710
Rent
-$2,329
Cashflow
Cash Flow
$3,710 income − $6,039 expenses = $2,329 out of pocket
Investment Breakdown
|
Purchase Price
$773k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$162k
Downpayment
20%
$155k
Closing costs
1%
$7,726
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,710
Total Expenses
$6,039
Mortgage P&I
113%
$4,186
Property Taxes
16%
$611
Home Insurance
7%
$276
HOA
0%
$0
Property Management
10%
$371
CapEx
5%
$186
Vacancy
6%
$223
Maintenance
5%
$186
Other
0%
$0