This property looks like a bad Long-Term investment with a projected -19.64% first-year return on $162k initial cash invested.
-19.64%
Cash On Cash
2.7%
Cap Rate
0.41
DSCR
$3,251
Rent
-$2,653
Cashflow
Cash Flow
$3,251 income − $5,904 expenses = $2,653 out of pocket
Investment Breakdown
|
Purchase Price
$772k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$162k
Downpayment
20%
$154k
Closing costs
1%
$7,717
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,251
Total Expenses
$5,904
Mortgage P&I
130%
$4,229
Property Taxes
15%
$497
Home Insurance
10%
$332
HOA
0%
$0
Property Management
10%
$325
CapEx
5%
$163
Vacancy
6%
$195
Maintenance
5%
$163
Other
0%
$0