This property looks like a bad Long-Term investment with a projected -12.53% first-year return on $156k initial cash invested.
-12.53%
Cash On Cash
4.05%
Cap Rate
0.65
DSCR
$5,069
Rent
-$1,625
Cashflow
Cash Flow
$5,069 income − $6,694 expenses = $1,625 out of pocket
Investment Breakdown
|
Purchase Price
$741k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$156k
Downpayment
20%
$148k
Closing costs
1%
$7,410
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,069
Total Expenses
$6,694
Mortgage P&I
76%
$3,874
Property Taxes
18%
$910
Home Insurance
12%
$593
HOA
0%
$0
Property Management
10%
$507
CapEx
5%
$253
Vacancy
6%
$304
Maintenance
5%
$253
Other
0%
$0