This property looks like a bad Long-Term investment with a projected -17.69% first-year return on $154k initial cash invested.
-17.69%
Cash On Cash
3.15%
Cap Rate
0.48
DSCR
$3,678
Rent
-$2,273
Cashflow
Cash Flow
$3,678 income − $5,951 expenses = $2,273 out of pocket
Investment Breakdown
|
Purchase Price
$734k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$147k
Closing costs
1%
$7,343
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,678
Total Expenses
$5,951
Mortgage P&I
109%
$4,018
Property Taxes
19%
$715
Home Insurance
7%
$261
HOA
0%
$0
Property Management
10%
$368
CapEx
5%
$184
Vacancy
6%
$221
Maintenance
5%
$184
Other
0%
$0