This property looks like a bad Long-Term investment with a projected -21.84% first-year return on $154k initial cash invested.
-21.84%
Cash On Cash
2.1%
Cap Rate
0.33
DSCR
$3,313
Rent
-$2,812
Cashflow
Cash Flow
$3,313 income − $6,125 expenses = $2,812 out of pocket
Investment Breakdown
|
Purchase Price
$736k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$147k
Closing costs
1%
$7,357
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,313
Total Expenses
$6,125
Mortgage P&I
119%
$3,934
Property Taxes
31%
$1,023
Home Insurance
9%
$306
HOA
0%
$0
Property Management
10%
$331
CapEx
5%
$166
Vacancy
6%
$199
Maintenance
5%
$166
Other
0%
$0