This property looks like a bad Long-Term investment with a projected -27.85% first-year return on $155k initial cash invested.
-27.85%
Cash On Cash
1.13%
Cap Rate
0.17
DSCR
$1,973
Rent
-$3,588
Cashflow
Cash Flow
$1,973 income − $5,561 expenses = $3,588 out of pocket
Investment Breakdown
|
Purchase Price
$736k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$155k
Downpayment
20%
$147k
Closing costs
1%
$7,363
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,973
Total Expenses
$5,561
Mortgage P&I
212%
$4,184
Property Taxes
29%
$574
Home Insurance
15%
$290
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$99
Vacancy
6%
$118
Maintenance
5%
$99
Other
0%
$0