This property looks like a bad Long-Term investment with a projected -12.07% first-year return on $161k initial cash invested.
-12.07%
Cash On Cash
4.32%
Cap Rate
0.66
DSCR
$4,515
Rent
-$1,618
Cashflow
Cash Flow
$4,515 income − $6,133 expenses = $1,618 out of pocket
Investment Breakdown
|
Purchase Price
$766k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$153k
Closing costs
1%
$7,661
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,515
Total Expenses
$6,133
Mortgage P&I
92%
$4,149
Property Taxes
12%
$538
Home Insurance
6%
$271
HOA
0%
$0
Property Management
10%
$452
CapEx
5%
$226
Vacancy
6%
$271
Maintenance
5%
$226
Other
0%
$0