This property looks like a bad Long-Term investment with a projected -18.97% first-year return on $158k initial cash invested.
-18.97%
Cash On Cash
2.75%
Cap Rate
0.43
DSCR
$3,446
Rent
-$2,496
Cashflow
Cash Flow
$3,446 income − $5,942 expenses = $2,496 out of pocket
Investment Breakdown
|
Purchase Price
$752k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$150k
Closing costs
1%
$7,518
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,446
Total Expenses
$5,942
Mortgage P&I
117%
$4,048
Property Taxes
21%
$730
Home Insurance
8%
$268
HOA
0%
$0
Property Management
10%
$345
CapEx
5%
$172
Vacancy
6%
$207
Maintenance
5%
$172
Other
0%
$0