This property looks like a bad Long-Term investment with a projected -17.94% first-year return on $152k initial cash invested.
-17.94%
Cash On Cash
3.04%
Cap Rate
0.47
DSCR
$3,576
Rent
-$2,278
Cashflow
Cash Flow
$3,576 income − $5,854 expenses = $2,278 out of pocket
Investment Breakdown
|
Purchase Price
$726k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$145k
Closing costs
1%
$7,255
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,576
Total Expenses
$5,854
Mortgage P&I
110%
$3,939
Property Taxes
20%
$729
Home Insurance
7%
$255
HOA
0%
$0
Property Management
10%
$358
CapEx
5%
$179
Vacancy
6%
$215
Maintenance
5%
$179
Other
0%
$0