This property looks like a bad Long-Term investment with a projected -14.5% first-year return on $158k initial cash invested.
-14.5%
Cash On Cash
3.89%
Cap Rate
0.59
DSCR
$3,787
Rent
-$1,909
Cashflow
Cash Flow
$3,787 income − $5,696 expenses = $1,909 out of pocket
Investment Breakdown
|
Purchase Price
$752k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$150k
Closing costs
1%
$7,524
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,787
Total Expenses
$5,696
Mortgage P&I
110%
$4,162
Property Taxes
5%
$180
Home Insurance
7%
$278
HOA
2%
$92
Property Management
10%
$379
CapEx
5%
$189
Vacancy
6%
$227
Maintenance
5%
$189
Other
0%
$0