This property looks like a bad Long-Term investment with a projected -7.71% first-year return on $152k initial cash invested.
-7.71%
Cash On Cash
5.4%
Cap Rate
0.82
DSCR
$4,847
Rent
-$978
Cashflow
Cash Flow
$4,847 income − $5,825 expenses = $978 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
7.3%
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
$4,847
Total Expenses
$5,825
Mortgage P&I
82%
$3,996
Property Taxes
7%
$315
Home Insurance
5%
$254
HOA
0%
$0
Property Management
10%
$485
CapEx
5%
$242
Vacancy
6%
$291
Maintenance
5%
$242
Other
0%
$0