This property looks like a bad Long-Term investment with a projected -10.48% first-year return on $152k initial cash invested.
-10.48%
Cash On Cash
4.61%
Cap Rate
0.72
DSCR
$4,824
Rent
-$1,331
Cashflow
Cash Flow
$4,824 income − $6,155 expenses = $1,331 out of pocket
Investment Breakdown
|
Purchase Price
$726k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$145k
Closing costs
1%
$7,258
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,824
Total Expenses
$6,155
Mortgage P&I
80%
$3,877
Property Taxes
9%
$431
Home Insurance
5%
$259
HOA
7%
$335
Property Management
10%
$482
CapEx
5%
$241
Vacancy
6%
$289
Maintenance
5%
$241
Other
0%
$0