This property looks like a bad Long-Term investment with a projected -21.47% first-year return on $159k initial cash invested.
-21.47%
Cash On Cash
2.29%
Cap Rate
0.35
DSCR
$3,112
Rent
-$2,845
Cashflow
Cash Flow
$3,112 income − $5,957 expenses = $2,845 out of pocket
Investment Breakdown
|
Purchase Price
$757k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$159k
Downpayment
20%
$151k
Closing costs
1%
$7,571
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,112
Total Expenses
$5,957
Mortgage P&I
133%
$4,132
Property Taxes
24%
$744
Home Insurance
9%
$271
HOA
0%
$0
Property Management
10%
$311
CapEx
5%
$156
Vacancy
6%
$187
Maintenance
5%
$156
Other
0%
$0