This property looks like a bad Long-Term investment with a projected -14.66% first-year return on $159k initial cash invested.
-14.66%
Cash On Cash
3.35%
Cap Rate
0.55
DSCR
$4,193
Rent
-$1,946
Cashflow
Cash Flow
$4,193 income − $6,139 expenses = $1,946 out of pocket
Investment Breakdown
|
Purchase Price
$759k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$159k
Downpayment
20%
$152k
Closing costs
1%
$7,586
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,193
Total Expenses
$6,139
Mortgage P&I
92%
$3,853
Property Taxes
22%
$933
Home Insurance
6%
$262
HOA
0%
$0
Property Management
10%
$419
CapEx
5%
$210
Vacancy
6%
$252
Maintenance
5%
$210
Other
0%
$0