This property looks like a bad Long-Term investment with a projected -15.72% first-year return on $157k initial cash invested.
-15.72%
Cash On Cash
3.63%
Cap Rate
0.55
DSCR
$3,844
Rent
-$2,060
Cashflow
Cash Flow
$3,844 income − $5,904 expenses = $2,060 out of pocket
Investment Breakdown
|
Purchase Price
$749k
Downpayment
20.0%
Interest Rate
7.4%
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
$3,844
Total Expenses
$5,904
Mortgage P&I
108%
$4,135
Property Taxes
13%
$499
Home Insurance
7%
$262
HOA
0%
$9
Property Management
10%
$384
CapEx
5%
$192
Vacancy
6%
$231
Maintenance
5%
$192
Other
0%
$0