This property looks like a bad Long-Term investment with a projected -18.86% first-year return on $152k initial cash invested.
-18.86%
Cash On Cash
2.78%
Cap Rate
0.43
DSCR
$2,492
Rent
-$2,383
Cashflow
Cash Flow
$2,492 income − $4,875 expenses = $2,383 out of pocket
Investment Breakdown
|
Purchase Price
$722k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$144k
Closing costs
1%
$7,220
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,492
Total Expenses
$4,875
Mortgage P&I
158%
$3,931
Property Taxes
2%
$50
Home Insurance
10%
$245
HOA
0%
$0
Property Management
10%
$249
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0