This property looks like a bad Long-Term investment with a projected -11.44% first-year return on $154k initial cash invested.
-11.44%
Cash On Cash
4.07%
Cap Rate
0.67
DSCR
$4,609
Rent
-$1,466
Cashflow
Cash Flow
$4,609 income − $6,075 expenses = $1,466 out of pocket
Investment Breakdown
|
Purchase Price
$732k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$146k
Closing costs
1%
$7,322
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,609
Total Expenses
$6,075
Mortgage P&I
81%
$3,717
Property Taxes
21%
$959
Home Insurance
4%
$201
HOA
0%
$0
Property Management
10%
$461
CapEx
5%
$230
Vacancy
6%
$277
Maintenance
5%
$230
Other
0%
$0