This property looks like a bad Long-Term investment with a projected -29.12% first-year return on $153k initial cash invested.
-29.12%
Cash On Cash
0.65%
Cap Rate
0.1
DSCR
$2,736
Rent
-$3,707
Cashflow
Cash Flow
$2,736 income − $6,443 expenses = $3,707 out of pocket
Investment Breakdown
|
Purchase Price
$728k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$153k
Downpayment
20%
$146k
Closing costs
1%
$7,275
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,736
Total Expenses
$6,443
Mortgage P&I
145%
$3,966
Property Taxes
52%
$1,428
Home Insurance
10%
$262
HOA
3%
$75
Property Management
10%
$274
CapEx
5%
$137
Vacancy
6%
$164
Maintenance
5%
$137
Other
0%
$0