This property looks like a bad Long-Term investment with a projected -21.3% first-year return on $152k initial cash invested.
-21.3%
Cash On Cash
2.23%
Cap Rate
0.34
DSCR
$2,728
Rent
-$2,701
Cashflow
Cash Flow
$2,728 income − $5,429 expenses = $2,701 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$145k
Closing costs
1%
$7,246
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,728
Total Expenses
$5,429
Mortgage P&I
143%
$3,913
Property Taxes
17%
$475
Home Insurance
12%
$332
HOA
0%
$0
Property Management
10%
$273
CapEx
5%
$136
Vacancy
6%
$164
Maintenance
5%
$136
Other
0%
$0