This property looks like a bad Long-Term investment with a projected -11.01% first-year return on $154k initial cash invested.
-11.01%
Cash On Cash
4.76%
Cap Rate
0.71
DSCR
$4,890
Rent
-$1,414
Cashflow
Cash Flow
$4,890 income − $6,304 expenses = $1,414 out of pocket
Investment Breakdown
|
Purchase Price
$734k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$147k
Closing costs
1%
$7,342
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,890
Total Expenses
$6,304
Mortgage P&I
84%
$4,084
Property Taxes
14%
$691
Home Insurance
5%
$259
HOA
0%
$0
Property Management
10%
$489
CapEx
5%
$244
Vacancy
6%
$293
Maintenance
5%
$244
Other
0%
$0