This property looks like a bad Long-Term investment with a projected -19.14% first-year return on $163k initial cash invested.
-19.14%
Cash On Cash
2.89%
Cap Rate
0.43
DSCR
$3,363
Rent
-$2,596
Cashflow
Cash Flow
$3,363 income − $5,959 expenses = $2,596 out of pocket
Investment Breakdown
|
Purchase Price
$775k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$163k
Downpayment
20%
$155k
Closing costs
1%
$7,749
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,363
Total Expenses
$5,959
Mortgage P&I
128%
$4,297
Property Taxes
15%
$517
Home Insurance
8%
$271
HOA
0%
$0
Property Management
10%
$336
CapEx
5%
$168
Vacancy
6%
$202
Maintenance
5%
$168
Other
0%
$0