This property looks like a bad Long-Term investment with a projected -12.89% first-year return on $153k initial cash invested.
-12.89%
Cash On Cash
4.12%
Cap Rate
0.64
DSCR
$4,359
Rent
-$1,646
Cashflow
Cash Flow
$4,359 income − $6,005 expenses = $1,646 out of pocket
Investment Breakdown
|
Purchase Price
$730k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$153k
Downpayment
20%
$146k
Closing costs
1%
$7,298
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,359
Total Expenses
$6,005
Mortgage P&I
90%
$3,933
Property Taxes
15%
$637
Home Insurance
6%
$280
HOA
0%
$21
Property Management
10%
$436
CapEx
5%
$218
Vacancy
6%
$262
Maintenance
5%
$218
Other
0%
$0