This property looks like a bad Long-Term investment with a projected -13.89% first-year return on $156k initial cash invested.
-13.89%
Cash On Cash
3.74%
Cap Rate
0.59
DSCR
$3,734
Rent
-$1,811
Cashflow
Cash Flow
$3,734 income − $5,545 expenses = $1,811 out of pocket
Investment Breakdown
|
Purchase Price
$745k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$156k
Downpayment
20%
$149k
Closing costs
1%
$7,450
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,734
Total Expenses
$5,545
Mortgage P&I
106%
$3,943
Property Taxes
10%
$370
Home Insurance
7%
$261
HOA
0%
$0
Property Management
10%
$373
CapEx
5%
$187
Vacancy
6%
$224
Maintenance
5%
$187
Other
0%
$0