This property looks like a bad Long-Term investment with a projected -19.75% first-year return on $157k initial cash invested.
-19.75%
Cash On Cash
2.95%
Cap Rate
0.43
DSCR
$3,714
Rent
-$2,582
Cashflow
Cash Flow
$3,714 income − $6,296 expenses = $2,582 out of pocket
Investment Breakdown
|
Purchase Price
$747k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$157k
Downpayment
20%
$149k
Closing costs
1%
$7,469
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,714
Total Expenses
$6,296
Mortgage P&I
114%
$4,233
Property Taxes
20%
$736
Home Insurance
7%
$262
HOA
3%
$99
Property Management
10%
$371
CapEx
5%
$186
Vacancy
6%
$223
Maintenance
5%
$186
Other
0%
$0