This property looks like a bad Long-Term investment with a projected -21.64% first-year return on $152k initial cash invested.
-21.64%
Cash On Cash
1.67%
Cap Rate
0.28
DSCR
$1,700
Rent
-$2,745
Cashflow
Cash Flow
$1,700 income − $4,445 expenses = $2,745 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$145k
Closing costs
1%
$7,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,700
Total Expenses
$4,445
Mortgage P&I
216%
$3,671
Property Taxes
5%
$78
Home Insurance
15%
$254
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0