This property looks like a bad Long-Term investment with a projected -19.61% first-year return on $157k initial cash invested.
-19.61%
Cash On Cash
2.67%
Cap Rate
0.41
DSCR
$3,374
Rent
-$2,570
Cashflow
Cash Flow
$3,374 income − $5,944 expenses = $2,570 out of pocket
Investment Breakdown
|
Purchase Price
$749k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$157k
Downpayment
20%
$150k
Closing costs
1%
$7,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,374
Total Expenses
$5,944
Mortgage P&I
121%
$4,069
Property Taxes
22%
$736
Home Insurance
8%
$262
HOA
0%
$0
Property Management
10%
$337
CapEx
5%
$169
Vacancy
6%
$202
Maintenance
5%
$169
Other
0%
$0