This property looks like a bad Long-Term investment with a projected -22.34% first-year return on $152k initial cash invested.
-22.34%
Cash On Cash
2.16%
Cap Rate
0.33
DSCR
$2,936
Rent
-$2,834
Cashflow
Cash Flow
$2,936 income − $5,770 expenses = $2,834 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,936
Total Expenses
$5,770
Mortgage P&I
136%
$3,989
Property Taxes
26%
$763
Home Insurance
9%
$254
HOA
0%
$0
Property Management
10%
$294
CapEx
5%
$147
Vacancy
6%
$176
Maintenance
5%
$147
Other
0%
$0