This property looks like a bad Long-Term investment with a projected -19.4% first-year return on $163k initial cash invested.
-19.4%
Cash On Cash
2.69%
Cap Rate
0.42
DSCR
$3,849
Rent
-$2,637
Cashflow
Cash Flow
$3,849 income − $6,486 expenses = $2,637 out of pocket
Investment Breakdown
|
Purchase Price
$777k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$163k
Downpayment
20%
$155k
Closing costs
1%
$7,769
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,849
Total Expenses
$6,486
Mortgage P&I
109%
$4,186
Property Taxes
20%
$767
Home Insurance
7%
$273
HOA
7%
$260
Property Management
10%
$385
CapEx
5%
$192
Vacancy
6%
$231
Maintenance
5%
$192
Other
0%
$0