This property looks like a bad Long-Term investment with a projected -14.68% first-year return on $154k initial cash invested.
-14.68%
Cash On Cash
3.37%
Cap Rate
0.55
DSCR
$4,133
Rent
-$1,884
Cashflow
Cash Flow
$4,133 income − $6,017 expenses = $1,884 out of pocket
Investment Breakdown
|
Purchase Price
$733k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$147k
Closing costs
1%
$7,334
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,133
Total Expenses
$6,017
Mortgage P&I
90%
$3,739
Property Taxes
23%
$958
Home Insurance
6%
$245
HOA
0%
$0
Property Management
10%
$413
CapEx
5%
$207
Vacancy
6%
$248
Maintenance
5%
$207
Other
0%
$0