This property looks like a bad Long-Term investment with a projected -15.25% first-year return on $153k initial cash invested.
-15.25%
Cash On Cash
3.2%
Cap Rate
0.53
DSCR
$3,803
Rent
-$1,939
Cashflow
Cash Flow
$3,803 income − $5,742 expenses = $1,939 out of pocket
Investment Breakdown
|
Purchase Price
$726k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$153k
Downpayment
20%
$145k
Closing costs
1%
$7,264
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,803
Total Expenses
$5,742
Mortgage P&I
97%
$3,687
Property Taxes
19%
$724
Home Insurance
7%
$262
HOA
2%
$81
Property Management
10%
$380
CapEx
5%
$190
Vacancy
6%
$228
Maintenance
5%
$190
Other
0%
$0