This property looks like a bad Long-Term investment with a projected -15.06% first-year return on $152k initial cash invested.
-15.06%
Cash On Cash
3.68%
Cap Rate
0.57
DSCR
$4,037
Rent
-$1,905
Cashflow
Cash Flow
$4,037 income − $5,942 expenses = $1,905 out of pocket
Investment Breakdown
|
Purchase Price
$723k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$145k
Closing costs
1%
$7,229
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,037
Total Expenses
$5,942
Mortgage P&I
97%
$3,918
Property Taxes
18%
$717
Home Insurance
6%
$257
HOA
0%
$0
Property Management
10%
$404
CapEx
5%
$202
Vacancy
6%
$242
Maintenance
5%
$202
Other
0%
$0