This property looks like a bad Long-Term investment with a projected -19.66% first-year return on $163k initial cash invested.
-19.66%
Cash On Cash
2.6%
Cap Rate
0.4
DSCR
$3,373
Rent
-$2,664
Cashflow
Cash Flow
$3,373 income − $6,037 expenses = $2,664 out of pocket
Investment Breakdown
|
Purchase Price
$774k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$163k
Downpayment
20%
$155k
Closing costs
1%
$7,744
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,373
Total Expenses
$6,037
Mortgage P&I
124%
$4,173
Property Taxes
21%
$707
Home Insurance
8%
$280
HOA
0%
$0
Property Management
10%
$337
CapEx
5%
$169
Vacancy
6%
$202
Maintenance
5%
$169
Other
0%
$0