This property looks like a bad Long-Term investment with a projected -18.48% first-year return on $154k initial cash invested.
-18.48%
Cash On Cash
2.46%
Cap Rate
0.4
DSCR
$2,739
Rent
-$2,377
Cashflow
Cash Flow
$2,739 income − $5,116 expenses = $2,377 out of pocket
Investment Breakdown
|
Purchase Price
$735k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$147k
Closing costs
1%
$7,351
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,739
Total Expenses
$5,116
Mortgage P&I
137%
$3,745
Property Taxes
14%
$397
Home Insurance
10%
$262
HOA
0%
$0
Property Management
10%
$274
CapEx
5%
$137
Vacancy
6%
$164
Maintenance
5%
$137
Other
0%
$0