This property looks like a bad Long-Term investment with a projected -25.44% first-year return on $158k initial cash invested.
-25.44%
Cash On Cash
0.94%
Cap Rate
0.15
DSCR
$2,521
Rent
-$3,357
Cashflow
Cash Flow
$2,521 income − $5,878 expenses = $3,357 out of pocket
Investment Breakdown
|
Purchase Price
$754k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$151k
Closing costs
1%
$7,541
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,521
Total Expenses
$5,878
Mortgage P&I
152%
$3,822
Property Taxes
45%
$1,139
Home Insurance
10%
$262
HOA
0%
$0
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0