This property looks like a bad Long-Term investment with a projected -19.17% first-year return on $159k initial cash invested.
-19.17%
Cash On Cash
2.75%
Cap Rate
0.42
DSCR
$3,734
Rent
-$2,537
Cashflow
Cash Flow
$3,734 income − $6,271 expenses = $2,537 out of pocket
Investment Breakdown
|
Purchase Price
$756k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$159k
Downpayment
20%
$151k
Closing costs
1%
$7,562
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,734
Total Expenses
$6,271
Mortgage P&I
109%
$4,086
Property Taxes
25%
$943
Home Insurance
7%
$271
HOA
0%
$0
Property Management
10%
$373
CapEx
5%
$187
Vacancy
6%
$224
Maintenance
5%
$187
Other
0%
$0