This property looks like a bad Long-Term investment with a projected -18.07% first-year return on $153k initial cash invested.
-18.07%
Cash On Cash
3.2%
Cap Rate
0.48
DSCR
$3,380
Rent
-$2,305
Cashflow
Cash Flow
$3,380 income − $5,685 expenses = $2,305 out of pocket
Investment Breakdown
|
Purchase Price
$729k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$153k
Downpayment
20%
$146k
Closing costs
1%
$7,290
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,380
Total Expenses
$5,685
Mortgage P&I
121%
$4,078
Property Taxes
11%
$381
Home Insurance
8%
$255
HOA
3%
$92
Property Management
10%
$338
CapEx
5%
$169
Vacancy
6%
$203
Maintenance
5%
$169
Other
0%
$0