This property looks like a bad Long-Term investment with a projected -17.02% first-year return on $161k initial cash invested.
-17.02%
Cash On Cash
2.8%
Cap Rate
0.46
DSCR
$3,170
Rent
-$2,277
Cashflow
Cash Flow
$3,170 income − $5,447 expenses = $2,277 out of pocket
Investment Breakdown
|
Purchase Price
$765k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$153k
Closing costs
1%
$7,646
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,170
Total Expenses
$5,447
Mortgage P&I
123%
$3,903
Property Taxes
13%
$422
Home Insurance
9%
$280
HOA
1%
$19
Property Management
10%
$317
CapEx
5%
$158
Vacancy
6%
$190
Maintenance
5%
$158
Other
0%
$0