This property looks like a bad Long-Term investment with a projected -21.68% first-year return on $155k initial cash invested.
-21.68%
Cash On Cash
2.05%
Cap Rate
0.32
DSCR
$2,244
Rent
-$2,791
Cashflow
Cash Flow
$2,244 income − $5,035 expenses = $2,791 out of pocket
Investment Breakdown
|
Purchase Price
$736k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$155k
Downpayment
20%
$147k
Closing costs
1%
$7,358
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,244
Total Expenses
$5,035
Mortgage P&I
175%
$3,936
Property Taxes
11%
$238
Home Insurance
12%
$278
HOA
0%
$0
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$135
Maintenance
5%
$112
Other
0%
$0