This property looks like a bad Long-Term investment with a projected -26.08% first-year return on $157k initial cash invested.
-26.08%
Cash On Cash
1.24%
Cap Rate
0.19
DSCR
$1,667
Rent
-$3,418
Cashflow
Cash Flow
$1,667 income − $5,085 expenses = $3,418 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%
$7,489
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,667
Total Expenses
$5,085
Mortgage P&I
247%
$4,110
Property Taxes
16%
$273
Home Insurance
16%
$269
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0