This property looks like a bad Long-Term investment with a projected -20.43% first-year return on $152k initial cash invested.
-20.43%
Cash On Cash
2.02%
Cap Rate
0.33
DSCR
$2,153
Rent
-$2,592
Cashflow
Cash Flow
$2,153 income − $4,745 expenses = $2,592 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$145k
Closing costs
1%
$7,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,153
Total Expenses
$4,745
Mortgage P&I
172%
$3,705
Property Taxes
11%
$226
Home Insurance
12%
$254
HOA
0%
$0
Property Management
10%
$215
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0