This property looks like a bad Long-Term investment with a projected -19.35% first-year return on $154k initial cash invested.
-19.35%
Cash On Cash
2.69%
Cap Rate
0.42
DSCR
$3,271
Rent
-$2,485
Cashflow
Cash Flow
$3,271 income − $5,756 expenses = $2,485 out of pocket
Investment Breakdown
|
Purchase Price
$734k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$147k
Closing costs
1%
$7,339
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,271
Total Expenses
$5,756
Mortgage P&I
121%
$3,968
Property Taxes
21%
$675
Home Insurance
8%
$262
HOA
0%
$0
Property Management
10%
$327
CapEx
5%
$164
Vacancy
6%
$196
Maintenance
5%
$164
Other
0%
$0