This property looks like a bad Long-Term investment with a projected -21.44% first-year return on $157k initial cash invested.
-21.44%
Cash On Cash
2.27%
Cap Rate
0.35
DSCR
$3,072
Rent
-$2,810
Cashflow
Cash Flow
$3,072 income − $5,882 expenses = $2,810 out of pocket
Investment Breakdown
|
Purchase Price
$749k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$157k
Downpayment
20%
$150k
Closing costs
1%
$7,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,072
Total Expenses
$5,882
Mortgage P&I
133%
$4,071
Property Taxes
24%
$750
Home Insurance
9%
$262
HOA
0%
$0
Property Management
10%
$307
CapEx
5%
$154
Vacancy
6%
$184
Maintenance
5%
$154
Other
0%
$0