This property looks like a bad Long-Term investment with a projected -14.63% first-year return on $152k initial cash invested.
-14.63%
Cash On Cash
3.66%
Cap Rate
0.57
DSCR
$3,618
Rent
-$1,856
Cashflow
Cash Flow
$3,618 income − $5,474 expenses = $1,856 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$145k
Closing costs
1%
$7,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,618
Total Expenses
$5,474
Mortgage P&I
107%
$3,884
Property Taxes
11%
$395
Home Insurance
7%
$254
HOA
0%
$0
Property Management
10%
$362
CapEx
5%
$181
Vacancy
6%
$217
Maintenance
5%
$181
Other
0%
$0