This property looks like a bad Long-Term investment with a projected -24.61% first-year return on $152k initial cash invested.
-24.61%
Cash On Cash
1.53%
Cap Rate
0.23
DSCR
$1,924
Rent
-$3,123
Cashflow
Cash Flow
$1,924 income − $5,047 expenses = $3,123 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,924
Total Expenses
$5,047
Mortgage P&I
205%
$3,952
Property Taxes
18%
$342
Home Insurance
13%
$254
HOA
0%
$0
Property Management
10%
$192
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0