This property looks like a bad Long-Term investment with a projected -17.67% first-year return on $152k initial cash invested.
-17.67%
Cash On Cash
3.23%
Cap Rate
0.49
DSCR
$3,629
Rent
-$2,242
Cashflow
Cash Flow
$3,629 income − $5,871 expenses = $2,242 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$145k
Closing costs
1%
$7,252
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,629
Total Expenses
$5,871
Mortgage P&I
111%
$4,010
Property Taxes
18%
$668
Home Insurance
7%
$250
HOA
0%
$0
Property Management
10%
$363
CapEx
5%
$181
Vacancy
6%
$218
Maintenance
5%
$181
Other
0%
$0