This property looks like a bad Long-Term investment with a projected -19.16% first-year return on $157k initial cash invested.
-19.16%
Cash On Cash
2.97%
Cap Rate
0.44
DSCR
$3,567
Rent
-$2,499
Cashflow
Cash Flow
$3,567 income − $6,066 expenses = $2,499 out of pocket
Investment Breakdown
|
Purchase Price
$745k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$157k
Downpayment
20%
$149k
Closing costs
1%
$7,454
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,567
Total Expenses
$6,066
Mortgage P&I
117%
$4,163
Property Taxes
19%
$693
Home Insurance
7%
$262
HOA
1%
$21
Property Management
10%
$357
CapEx
5%
$178
Vacancy
6%
$214
Maintenance
5%
$178
Other
0%
$0