This property looks like a bad Long-Term investment with a projected -25.57% first-year return on $160k initial cash invested.
-25.57%
Cash On Cash
1.34%
Cap Rate
0.2
DSCR
$2,054
Rent
-$3,420
Cashflow
Cash Flow
$2,054 income − $5,474 expenses = $3,420 out of pocket
Investment Breakdown
|
Purchase Price
$764k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$160k
Downpayment
20%
$153k
Closing costs
1%
$7,642
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,054
Total Expenses
$5,474
Mortgage P&I
203%
$4,171
Property Taxes
23%
$472
Home Insurance
14%
$287
HOA
0%
$10
Property Management
10%
$205
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0