This property looks like a bad Long-Term investment with a projected -18.29% first-year return on $155k initial cash invested.
-18.29%
Cash On Cash
2.93%
Cap Rate
0.45
DSCR
$3,355
Rent
-$2,366
Cashflow
Cash Flow
$3,355 income − $5,721 expenses = $2,366 out of pocket
Investment Breakdown
|
Purchase Price
$739k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$155k
Downpayment
20%
$148k
Closing costs
1%
$7,390
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,355
Total Expenses
$5,721
Mortgage P&I
119%
$4,004
Property Taxes
17%
$585
Home Insurance
8%
$259
HOA
0%
$0
Property Management
10%
$336
CapEx
5%
$168
Vacancy
6%
$201
Maintenance
5%
$168
Other
0%
$0