This property looks like a bad Long-Term investment with a projected -20.01% first-year return on $158k initial cash invested.
-20.01%
Cash On Cash
2.12%
Cap Rate
0.35
DSCR
$3,176
Rent
-$2,636
Cashflow
Cash Flow
$3,176 income − $5,812 expenses = $2,636 out of pocket
Investment Breakdown
|
Purchase Price
$753k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$151k
Closing costs
1%
$7,526
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,176
Total Expenses
$5,812
Mortgage P&I
120%
$3,806
Property Taxes
29%
$917
Home Insurance
8%
$262
HOA
0%
$0
Property Management
10%
$318
CapEx
5%
$159
Vacancy
6%
$191
Maintenance
5%
$159
Other
0%
$0