This property looks like a bad Long-Term investment with a projected -16.39% first-year return on $158k initial cash invested.
-16.39%
Cash On Cash
2.97%
Cap Rate
0.48
DSCR
$3,329
Rent
-$2,158
Cashflow
Cash Flow
$3,329 income − $5,487 expenses = $2,158 out of pocket
Investment Breakdown
|
Purchase Price
$753k
Downpayment
20.0%
Interest Rate
6.6%
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
$3,329
Total Expenses
$5,487
Mortgage P&I
116%
$3,855
Property Taxes
13%
$433
Home Insurance
8%
$271
HOA
2%
$63
Property Management
10%
$333
CapEx
5%
$166
Vacancy
6%
$200
Maintenance
5%
$166
Other
0%
$0