This property looks like a bad Long-Term investment with a projected -18.03% first-year return on $153k initial cash invested.
-18.03%
Cash On Cash
2.64%
Cap Rate
0.43
DSCR
$3,836
Rent
-$2,306
Cashflow
Cash Flow
$3,836 income − $6,142 expenses = $2,306 out of pocket
Investment Breakdown
|
Purchase Price
$731k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$153k
Downpayment
20%
$146k
Closing costs
1%
$7,309
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,836
Total Expenses
$6,142
Mortgage P&I
97%
$3,725
Property Taxes
31%
$1,183
Home Insurance
6%
$236
HOA
0%
$0
Property Management
10%
$384
CapEx
5%
$192
Vacancy
6%
$230
Maintenance
5%
$192
Other
0%
$0