This property looks like a bad Long-Term investment with a projected -26.66% first-year return on $155k initial cash invested.
-26.66%
Cash On Cash
1.21%
Cap Rate
0.18
DSCR
$1,922
Rent
-$3,437
Cashflow
Cash Flow
$1,922 income − $5,359 expenses = $3,437 out of pocket
Investment Breakdown
|
Purchase Price
$737k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$155k
Downpayment
20%
$147k
Closing costs
1%
$7,367
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,922
Total Expenses
$5,359
Mortgage P&I
213%
$4,086
Property Taxes
9%
$181
Home Insurance
31%
$593
HOA
0%
$0
Property Management
10%
$192
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0