This property looks like a bad Long-Term investment with a projected -19.21% first-year return on $154k initial cash invested.
-19.21%
Cash On Cash
2.7%
Cap Rate
0.42
DSCR
$3,272
Rent
-$2,458
Cashflow
Cash Flow
$3,272 income − $5,730 expenses = $2,458 out of pocket
Investment Breakdown
|
Purchase Price
$731k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$146k
Closing costs
1%
$7,311
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,272
Total Expenses
$5,730
Mortgage P&I
120%
$3,936
Property Taxes
21%
$687
Home Insurance
8%
$256
HOA
0%
$0
Property Management
10%
$327
CapEx
5%
$164
Vacancy
6%
$196
Maintenance
5%
$164
Other
0%
$0