This property looks like a bad Long-Term investment with a projected -19.57% first-year return on $152k initial cash invested.
-19.57%
Cash On Cash
2.2%
Cap Rate
0.36
DSCR
$2,599
Rent
-$2,487
Cashflow
Cash Flow
$2,599 income − $5,086 expenses = $2,487 out of pocket
Investment Breakdown
|
Purchase Price
$726k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$145k
Closing costs
1%
$7,261
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,599
Total Expenses
$5,086
Mortgage P&I
142%
$3,691
Property Taxes
18%
$460
Home Insurance
10%
$259
HOA
0%
$0
Property Management
10%
$260
CapEx
5%
$130
Vacancy
6%
$156
Maintenance
5%
$130
Other
0%
$0