This property looks like a bad Long-Term investment with a projected -12.06% first-year return on $161k initial cash invested.
-12.06%
Cash On Cash
3.95%
Cap Rate
0.64
DSCR
$4,554
Rent
-$1,616
Cashflow
Cash Flow
$4,554 income − $6,170 expenses = $1,616 out of pocket
Investment Breakdown
|
Purchase Price
$766k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$153k
Closing costs
1%
$7,656
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,554
Total Expenses
$6,170
Mortgage P&I
86%
$3,908
Property Taxes
18%
$805
Home Insurance
6%
$273
HOA
0%
$0
Property Management
10%
$455
CapEx
5%
$228
Vacancy
6%
$273
Maintenance
5%
$228
Other
0%
$0