This property looks like a bad Long-Term investment with a projected -26.79% first-year return on $152k initial cash invested.
-26.79%
Cash On Cash
1%
Cap Rate
0.15
DSCR
$1,963
Rent
-$3,399
Cashflow
Cash Flow
$1,963 income − $5,362 expenses = $3,399 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$145k
Closing costs
1%
$7,249
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,963
Total Expenses
$5,362
Mortgage P&I
199%
$3,906
Property Taxes
35%
$685
Home Insurance
13%
$261
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0