This property looks like a bad Long-Term investment with a projected -19.13% first-year return on $161k initial cash invested.
-19.13%
Cash On Cash
2.4%
Cap Rate
0.39
DSCR
$2,726
Rent
-$2,563
Cashflow
Cash Flow
$2,726 income − $5,289 expenses = $2,563 out of pocket
Investment Breakdown
|
Purchase Price
$765k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$153k
Closing costs
1%
$7,654
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,726
Total Expenses
$5,289
Mortgage P&I
145%
$3,958
Property Taxes
13%
$348
Home Insurance
10%
$274
HOA
0%
$0
Property Management
10%
$273
CapEx
5%
$136
Vacancy
6%
$164
Maintenance
5%
$136
Other
0%
$0