This property looks like a bad Long-Term investment with a projected -22.15% first-year return on $154k initial cash invested.
-22.15%
Cash On Cash
1.99%
Cap Rate
0.31
DSCR
$2,531
Rent
-$2,839
Cashflow
Cash Flow
$2,531 income − $5,370 expenses = $2,839 out of pocket
Investment Breakdown
|
Purchase Price
$733k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$147k
Closing costs
1%
$7,325
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,531
Total Expenses
$5,370
Mortgage P&I
155%
$3,927
Property Taxes
17%
$439
Home Insurance
11%
$284
HOA
2%
$61
Property Management
10%
$253
CapEx
5%
$127
Vacancy
6%
$152
Maintenance
5%
$127
Other
0%
$0