This property looks like a bad Long-Term investment with a projected -21.95% first-year return on $158k initial cash invested.
-21.95%
Cash On Cash
2.19%
Cap Rate
0.34
DSCR
$4,260
Rent
-$2,886
Cashflow
Cash Flow
$4,260 income − $7,146 expenses = $2,886 out of pocket
Investment Breakdown
|
Purchase Price
$751k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$150k
Closing costs
1%
$7,514
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,260
Total Expenses
$7,146
Mortgage P&I
95%
$4,042
Property Taxes
31%
$1,302
Home Insurance
11%
$488
HOA
5%
$206
Property Management
10%
$426
CapEx
5%
$213
Vacancy
6%
$256
Maintenance
5%
$213
Other
0%
$0