This property looks like a bad Long-Term investment with a projected -13.61% first-year return on $154k initial cash invested.
-13.61%
Cash On Cash
3.62%
Cap Rate
0.59
DSCR
$3,833
Rent
-$1,748
Cashflow
Cash Flow
$3,833 income − $5,581 expenses = $1,748 out of pocket
Investment Breakdown
|
Purchase Price
$734k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$147k
Closing costs
1%
$7,340
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,833
Total Expenses
$5,581
Mortgage P&I
98%
$3,772
Property Taxes
14%
$550
Home Insurance
7%
$262
HOA
0%
$0
Property Management
10%
$383
CapEx
5%
$192
Vacancy
6%
$230
Maintenance
5%
$192
Other
0%
$0