This property looks like a bad Long-Term investment with a projected -16.91% first-year return on $153k initial cash invested.
-16.91%
Cash On Cash
3.24%
Cap Rate
0.5
DSCR
$3,557
Rent
-$2,151
Cashflow
Cash Flow
$3,557 income − $5,708 expenses = $2,151 out of pocket
Investment Breakdown
|
Purchase Price
$727k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$153k
Downpayment
20%
$145k
Closing costs
1%
$7,267
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,557
Total Expenses
$5,708
Mortgage P&I
111%
$3,933
Property Taxes
16%
$568
Home Insurance
7%
$257
HOA
1%
$25
Property Management
10%
$356
CapEx
5%
$178
Vacancy
6%
$213
Maintenance
5%
$178
Other
0%
$0