This property looks like a bad Long-Term investment with a projected -23.62% first-year return on $156k initial cash invested.
-23.62%
Cash On Cash
1.32%
Cap Rate
0.22
DSCR
$2,836
Rent
-$3,080
Cashflow
Cash Flow
$2,836 income − $5,916 expenses = $3,080 out of pocket
Investment Breakdown
|
Purchase Price
$745k
Downpayment
20.0%
Interest Rate
6.5%
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
$2,836
Total Expenses
$5,916
Mortgage P&I
132%
$3,755
Property Taxes
41%
$1,162
Home Insurance
9%
$261
HOA
0%
$0
Property Management
10%
$284
CapEx
5%
$142
Vacancy
6%
$170
Maintenance
5%
$142
Other
0%
$0