This property looks like a bad Long-Term investment with a projected -15.71% first-year return on $156k initial cash invested.
-15.71%
Cash On Cash
3.65%
Cap Rate
0.56
DSCR
$4,772
Rent
-$2,036
Cashflow
Cash Flow
$4,772 income − $6,808 expenses = $2,036 out of pocket
Investment Breakdown
|
Purchase Price
$741k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$156k
Downpayment
20%
$148k
Closing costs
1%
$7,406
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,772
Total Expenses
$6,808
Mortgage P&I
85%
$4,051
Property Taxes
27%
$1,288
Home Insurance
5%
$228
HOA
0%
$0
Property Management
10%
$477
CapEx
5%
$239
Vacancy
6%
$286
Maintenance
5%
$239
Other
0%
$0