This property looks like a bad Long-Term investment with a projected -19.96% first-year return on $152k initial cash invested.
-19.96%
Cash On Cash
2.27%
Cap Rate
0.36
DSCR
$2,167
Rent
-$2,533
Cashflow
Cash Flow
$2,167 income − $4,700 expenses = $2,533 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
6.8%
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
$2,167
Total Expenses
$4,700
Mortgage P&I
175%
$3,799
Property Taxes
4%
$84
Home Insurance
12%
$254
HOA
0%
$0
Property Management
10%
$217
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0