This property looks like a bad Long-Term investment with a projected -21.13% first-year return on $155k initial cash invested.
-21.13%
Cash On Cash
2.49%
Cap Rate
0.38
DSCR
$3,557
Rent
-$2,725
Cashflow
Cash Flow
$3,557 income − $6,282 expenses = $2,725 out of pocket
Investment Breakdown
|
Purchase Price
$737k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$155k
Downpayment
20%
$147k
Closing costs
1%
$7,369
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,557
Total Expenses
$6,282
Mortgage P&I
115%
$4,076
Property Taxes
29%
$1,022
Home Insurance
7%
$259
HOA
0%
$0
Property Management
10%
$356
CapEx
5%
$178
Vacancy
6%
$213
Maintenance
5%
$178
Other
0%
$0