This property looks like a bad Long-Term investment with a projected -18.48% first-year return on $153k initial cash invested.
-18.48%
Cash On Cash
2.89%
Cap Rate
0.45
DSCR
$3,776
Rent
-$2,355
Cashflow
Cash Flow
$3,776 income − $6,131 expenses = $2,355 out of pocket
Investment Breakdown
|
Purchase Price
$728k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$153k
Downpayment
20%
$146k
Closing costs
1%
$7,282
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,776
Total Expenses
$6,131
Mortgage P&I
104%
$3,920
Property Taxes
26%
$1,000
Home Insurance
6%
$228
HOA
0%
$0
Property Management
10%
$378
CapEx
5%
$189
Vacancy
6%
$227
Maintenance
5%
$189
Other
0%
$0