This property looks like a bad Long-Term investment with a projected -12.14% first-year return on $154k initial cash invested.
-12.14%
Cash On Cash
4.21%
Cap Rate
0.66
DSCR
$4,671
Rent
-$1,560
Cashflow
Cash Flow
$4,671 income − $6,231 expenses = $1,560 out of pocket
Investment Breakdown
|
Purchase Price
$734k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$147k
Closing costs
1%
$7,343
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,671
Total Expenses
$6,231
Mortgage P&I
84%
$3,904
Property Taxes
17%
$771
Home Insurance
7%
$341
HOA
0%
$0
Property Management
10%
$467
CapEx
5%
$234
Vacancy
6%
$280
Maintenance
5%
$234
Other
0%
$0