This property looks like a bad Long-Term investment with a projected -15.29% first-year return on $159k initial cash invested.
-15.29%
Cash On Cash
3.58%
Cap Rate
0.55
DSCR
$4,131
Rent
-$2,030
Cashflow
Cash Flow
$4,131 income − $6,161 expenses = $2,030 out of pocket
Investment Breakdown
|
Purchase Price
$759k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$159k
Downpayment
20%
$152k
Closing costs
1%
$7,585
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,131
Total Expenses
$6,161
Mortgage P&I
99%
$4,087
Property Taxes
18%
$737
Home Insurance
6%
$262
HOA
0%
$0
Property Management
10%
$413
CapEx
5%
$207
Vacancy
6%
$248
Maintenance
5%
$207
Other
0%
$0