This property looks like a bad Long-Term investment with a projected -18.97% first-year return on $155k initial cash invested.
-18.97%
Cash On Cash
2.75%
Cap Rate
0.43
DSCR
$3,442
Rent
-$2,453
Cashflow
Cash Flow
$3,442 income − $5,895 expenses = $2,453 out of pocket
Investment Breakdown
|
Purchase Price
$739k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$155k
Downpayment
20%
$148k
Closing costs
1%
$7,388
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,442
Total Expenses
$5,895
Mortgage P&I
116%
$3,977
Property Taxes
23%
$787
Home Insurance
7%
$236
HOA
0%
$0
Property Management
10%
$344
CapEx
5%
$172
Vacancy
6%
$207
Maintenance
5%
$172
Other
0%
$0