This property looks like a bad Long-Term investment with a projected -15.47% first-year return on $152k initial cash invested.
-15.47%
Cash On Cash
3.41%
Cap Rate
0.54
DSCR
$3,620
Rent
-$1,955
Cashflow
Cash Flow
$3,620 income − $5,575 expenses = $1,955 out of pocket
Investment Breakdown
|
Purchase Price
$722k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$144k
Closing costs
1%
$7,221
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,620
Total Expenses
$5,575
Mortgage P&I
106%
$3,826
Property Taxes
15%
$546
Home Insurance
7%
$262
HOA
0%
$0
Property Management
10%
$362
CapEx
5%
$181
Vacancy
6%
$217
Maintenance
5%
$181
Other
0%
$0