This property looks like a bad Long-Term investment with a projected -15.38% first-year return on $153k initial cash invested.
-15.38%
Cash On Cash
3.54%
Cap Rate
0.55
DSCR
$4,083
Rent
-$1,956
Cashflow
Cash Flow
$4,083 income − $6,039 expenses = $1,956 out of pocket
Investment Breakdown
|
Purchase Price
$727k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$153k
Downpayment
20%
$145k
Closing costs
1%
$7,265
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,083
Total Expenses
$6,039
Mortgage P&I
95%
$3,894
Property Taxes
12%
$494
Home Insurance
7%
$271
HOA
8%
$319
Property Management
10%
$408
CapEx
5%
$204
Vacancy
6%
$245
Maintenance
5%
$204
Other
0%
$0