This property looks like a bad Long-Term investment with a projected -19.72% first-year return on $158k initial cash invested.
-19.72%
Cash On Cash
2.7%
Cap Rate
0.41
DSCR
$3,725
Rent
-$2,597
Cashflow
Cash Flow
$3,725 income − $6,322 expenses = $2,597 out of pocket
Investment Breakdown
|
Purchase Price
$753k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$151k
Closing costs
1%
$7,526
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,725
Total Expenses
$6,322
Mortgage P&I
110%
$4,107
Property Taxes
26%
$976
Home Insurance
7%
$271
HOA
0%
$0
Property Management
10%
$372
CapEx
5%
$186
Vacancy
6%
$224
Maintenance
5%
$186
Other
0%
$0