This property looks like a bad Long-Term investment with a projected -24.55% first-year return on $159k initial cash invested.
-24.55%
Cash On Cash
1.46%
Cap Rate
0.23
DSCR
$3,111
Rent
-$3,258
Cashflow
Cash Flow
$3,111 income − $6,369 expenses = $3,258 out of pocket
Investment Breakdown
|
Purchase Price
$758k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$159k
Downpayment
20%
$152k
Closing costs
1%
$7,583
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,111
Total Expenses
$6,369
Mortgage P&I
129%
$4,026
Property Taxes
36%
$1,131
Home Insurance
13%
$402
HOA
0%
$0
Property Management
10%
$311
CapEx
5%
$156
Vacancy
6%
$187
Maintenance
5%
$156
Other
0%
$0