This property looks like a bad Long-Term investment with a projected -11.24% first-year return on $157k initial cash invested.
-11.24%
Cash On Cash
4.53%
Cap Rate
0.69
DSCR
$4,317
Rent
-$1,473
Cashflow
Cash Flow
$4,317 income − $5,790 expenses = $1,473 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%
$7,486
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,317
Total Expenses
$5,790
Mortgage P&I
95%
$4,085
Property Taxes
1%
$36
Home Insurance
6%
$271
HOA
6%
$275
Property Management
10%
$432
CapEx
5%
$216
Vacancy
6%
$259
Maintenance
5%
$216
Other
0%
$0