This property looks like a bad Long-Term investment with a projected -26.34% first-year return on $159k initial cash invested.
-26.34%
Cash On Cash
0.62%
Cap Rate
0.1
DSCR
$1,035
Rent
-$3,484
Cashflow
Cash Flow
$1,035 income − $4,519 expenses = $3,484 out of pocket
Investment Breakdown
|
Purchase Price
$756k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$159k
Downpayment
20%
$151k
Closing costs
1%
$7,558
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,035
Total Expenses
$4,519
Mortgage P&I
370%
$3,825
Property Taxes
14%
$144
Home Insurance
27%
$280
HOA
0%
$0
Property Management
10%
$104
CapEx
5%
$52
Vacancy
6%
$62
Maintenance
5%
$52
Other
0%
$0