This property looks like a bad Long-Term investment with a projected -20.09% first-year return on $154k initial cash invested.
-20.09%
Cash On Cash
2.28%
Cap Rate
0.36
DSCR
$2,370
Rent
-$2,577
Cashflow
Cash Flow
$2,370 income − $4,947 expenses = $2,577 out of pocket
Investment Breakdown
|
Purchase Price
$733k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$147k
Closing costs
1%
$7,331
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,370
Total Expenses
$4,947
Mortgage P&I
163%
$3,852
Property Taxes
9%
$209
Home Insurance
11%
$271
HOA
0%
$0
Property Management
10%
$237
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0