This property looks like a bad Long-Term investment with a projected -18.97% first-year return on $157k initial cash invested.
-18.97%
Cash On Cash
2.91%
Cap Rate
0.44
DSCR
$4,219
Rent
-$2,486
Cashflow
Cash Flow
$4,219 income − $6,705 expenses = $2,486 out of pocket
Investment Breakdown
|
Purchase Price
$749k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$157k
Downpayment
20%
$150k
Closing costs
1%
$7,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,219
Total Expenses
$6,705
Mortgage P&I
97%
$4,089
Property Taxes
30%
$1,257
Home Insurance
6%
$262
HOA
0%
$0
Property Management
10%
$422
CapEx
5%
$211
Vacancy
6%
$253
Maintenance
5%
$211
Other
0%
$0