This property looks like a bad Long-Term investment with a projected -21.66% first-year return on $154k initial cash invested.
-21.66%
Cash On Cash
2.23%
Cap Rate
0.34
DSCR
$2,490
Rent
-$2,776
Cashflow
Cash Flow
$2,490 income − $5,266 expenses = $2,776 out of pocket
Investment Breakdown
|
Purchase Price
$732k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$146k
Closing costs
1%
$7,322
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,490
Total Expenses
$5,266
Mortgage P&I
161%
$4,011
Property Taxes
14%
$353
Home Insurance
10%
$256
HOA
0%
$0
Property Management
10%
$249
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0