This property looks like a bad Long-Term investment with a projected -19.55% first-year return on $158k initial cash invested.
-19.55%
Cash On Cash
2.6%
Cap Rate
0.4
DSCR
$2,958
Rent
-$2,572
Cashflow
Cash Flow
$2,958 income − $5,530 expenses = $2,572 out of pocket
Investment Breakdown
|
Purchase Price
$752k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$150k
Closing costs
1%
$7,516
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,958
Total Expenses
$5,530
Mortgage P&I
137%
$4,055
Property Taxes
15%
$440
Home Insurance
9%
$266
HOA
0%
$0
Property Management
10%
$296
CapEx
5%
$148
Vacancy
6%
$177
Maintenance
5%
$148
Other
0%
$0