This property looks like a bad Long-Term investment with a projected -18.57% first-year return on $154k initial cash invested.
-18.57%
Cash On Cash
2.85%
Cap Rate
0.44
DSCR
$2,782
Rent
-$2,389
Cashflow
Cash Flow
$2,782 income − $5,171 expenses = $2,389 out of pocket
Investment Breakdown
|
Purchase Price
$735k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$147k
Closing costs
1%
$7,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,782
Total Expenses
$5,171
Mortgage P&I
144%
$3,994
Property Taxes
7%
$197
Home Insurance
9%
$257
HOA
0%
$0
Property Management
10%
$278
CapEx
5%
$139
Vacancy
6%
$167
Maintenance
5%
$139
Other
0%
$0