This property looks like a bad Long-Term investment with a projected -18.76% first-year return on $152k initial cash invested.
-18.76%
Cash On Cash
2.89%
Cap Rate
0.44
DSCR
$3,155
Rent
-$2,376
Cashflow
Cash Flow
$3,155 income − $5,531 expenses = $2,376 out of pocket
Investment Breakdown
|
Purchase Price
$724k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$145k
Closing costs
1%
$7,237
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,155
Total Expenses
$5,531
Mortgage P&I
125%
$3,958
Property Taxes
15%
$468
Home Insurance
8%
$262
HOA
1%
$22
Property Management
10%
$316
CapEx
5%
$158
Vacancy
6%
$189
Maintenance
5%
$158
Other
0%
$0