This property looks like a bad Long-Term investment with a projected -19.75% first-year return on $152k initial cash invested.
-19.75%
Cash On Cash
2.71%
Cap Rate
0.41
DSCR
$2,786
Rent
-$2,506
Cashflow
Cash Flow
$2,786 income − $5,292 expenses = $2,506 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,786
Total Expenses
$5,292
Mortgage P&I
144%
$4,006
Property Taxes
11%
$308
Home Insurance
9%
$254
HOA
0%
$0
Property Management
10%
$279
CapEx
5%
$139
Vacancy
6%
$167
Maintenance
5%
$139
Other
0%
$0