This property looks like a bad Long-Term investment with a projected -12.98% first-year return on $155k initial cash invested.
-12.98%
Cash On Cash
4.14%
Cap Rate
0.64
DSCR
$4,455
Rent
-$1,675
Cashflow
Cash Flow
$4,455 income − $6,130 expenses = $1,675 out of pocket
Investment Breakdown
|
Purchase Price
$737k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$155k
Downpayment
20%
$147k
Closing costs
1%
$7,373
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,455
Total Expenses
$6,130
Mortgage P&I
90%
$3,993
Property Taxes
15%
$663
Home Insurance
7%
$315
HOA
0%
$0
Property Management
10%
$446
CapEx
5%
$223
Vacancy
6%
$267
Maintenance
5%
$223
Other
0%
$0