This property looks like a bad Long-Term investment with a projected -15.38% first-year return on $152k initial cash invested.
-15.38%
Cash On Cash
3.46%
Cap Rate
0.54
DSCR
$3,863
Rent
-$1,951
Cashflow
Cash Flow
$3,863 income − $5,814 expenses = $1,951 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,863
Total Expenses
$5,814
Mortgage P&I
100%
$3,849
Property Taxes
18%
$707
Home Insurance
7%
$254
HOA
0%
$0
Property Management
10%
$386
CapEx
5%
$193
Vacancy
6%
$232
Maintenance
5%
$193
Other
0%
$0