This property looks like a bad Long-Term investment with a projected -19.41% first-year return on $154k initial cash invested.
-19.41%
Cash On Cash
2.58%
Cap Rate
0.4
DSCR
$3,139
Rent
-$2,496
Cashflow
Cash Flow
$3,139 income − $5,635 expenses = $2,496 out of pocket
Investment Breakdown
|
Purchase Price
$735k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$147k
Closing costs
1%
$7,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,139
Total Expenses
$5,635
Mortgage P&I
125%
$3,919
Property Taxes
20%
$643
Home Insurance
8%
$257
HOA
0%
$0
Property Management
10%
$314
CapEx
5%
$157
Vacancy
6%
$188
Maintenance
5%
$157
Other
0%
$0