This property looks like a bad Long-Term investment with a projected -23.89% first-year return on $152k initial cash invested.
-23.89%
Cash On Cash
1.62%
Cap Rate
0.25
DSCR
$2,231
Rent
-$3,016
Cashflow
Cash Flow
$2,231 income − $5,247 expenses = $3,016 out of pocket
Investment Breakdown
|
Purchase Price
$722k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$144k
Closing costs
1%
$7,215
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,231
Total Expenses
$5,247
Mortgage P&I
174%
$3,878
Property Taxes
21%
$463
Home Insurance
12%
$262
HOA
3%
$63
Property Management
10%
$223
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0