This property looks like a bad Long-Term investment with a projected -14.67% first-year return on $156k initial cash invested.
-14.67%
Cash On Cash
3.76%
Cap Rate
0.57
DSCR
$3,437
Rent
-$1,904
Cashflow
Cash Flow
$3,437 income − $5,341 expenses = $1,904 out of pocket
Investment Breakdown
|
Purchase Price
$742k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$156k
Downpayment
20%
$148k
Closing costs
1%
$7,419
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,437
Total Expenses
$5,341
Mortgage P&I
118%
$4,058
Property Taxes
2%
$82
Home Insurance
8%
$260
HOA
1%
$47
Property Management
10%
$344
CapEx
5%
$172
Vacancy
6%
$206
Maintenance
5%
$172
Other
0%
$0