This property looks like a bad Long-Term investment with a projected -16.76% first-year return on $152k initial cash invested.
-16.76%
Cash On Cash
3.33%
Cap Rate
0.51
DSCR
$3,802
Rent
-$2,127
Cashflow
Cash Flow
$3,802 income − $5,929 expenses = $2,127 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$145k
Closing costs
1%
$7,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,802
Total Expenses
$5,929
Mortgage P&I
104%
$3,950
Property Taxes
19%
$737
Home Insurance
7%
$254
HOA
0%
$0
Property Management
10%
$380
CapEx
5%
$190
Vacancy
6%
$228
Maintenance
5%
$190
Other
0%
$0