This property looks like a bad Long-Term investment with a projected -24.84% first-year return on $161k initial cash invested.
-24.84%
Cash On Cash
1.35%
Cap Rate
0.21
DSCR
$2,317
Rent
-$3,325
Cashflow
Cash Flow
$2,317 income − $5,642 expenses = $3,325 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
$2,317
Total Expenses
$5,642
Mortgage P&I
176%
$4,070
Property Taxes
30%
$701
Home Insurance
12%
$268
HOA
0%
$0
Property Management
10%
$232
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0