This property looks like a bad Long-Term investment with a projected -21.56% first-year return on $152k initial cash invested.
-21.56%
Cash On Cash
2.21%
Cap Rate
0.34
DSCR
$2,880
Rent
-$2,735
Cashflow
Cash Flow
$2,880 income − $5,615 expenses = $2,735 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
$2,880
Total Expenses
$5,615
Mortgage P&I
136%
$3,929
Property Taxes
24%
$683
Home Insurance
9%
$254
HOA
0%
$0
Property Management
10%
$288
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0