This property looks like a bad Long-Term investment with a projected -14.24% first-year return on $154k initial cash invested.
-14.24%
Cash On Cash
3.75%
Cap Rate
0.59
DSCR
$4,146
Rent
-$1,831
Cashflow
Cash Flow
$4,146 income − $5,977 expenses = $1,831 out of pocket
Investment Breakdown
|
Purchase Price
$735k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$147k
Closing costs
1%
$7,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,146
Total Expenses
$5,977
Mortgage P&I
95%
$3,919
Property Taxes
17%
$723
Home Insurance
6%
$257
HOA
0%
$0
Property Management
10%
$415
CapEx
5%
$207
Vacancy
6%
$249
Maintenance
5%
$207
Other
0%
$0