This property looks like a bad Long-Term investment with a projected -12.89% first-year return on $158k initial cash invested.
-12.89%
Cash On Cash
3.8%
Cap Rate
0.61
DSCR
$3,789
Rent
-$1,693
Cashflow
Cash Flow
$3,789 income − $5,482 expenses = $1,693 out of pocket
Investment Breakdown
|
Purchase Price
$751k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$150k
Closing costs
1%
$7,506
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,789
Total Expenses
$5,482
Mortgage P&I
102%
$3,882
Property Taxes
9%
$347
Home Insurance
7%
$269
HOA
0%
$0
Property Management
10%
$379
CapEx
5%
$189
Vacancy
6%
$227
Maintenance
5%
$189
Other
0%
$0