This property looks like a bad Long-Term investment with a projected -14.72% first-year return on $152k initial cash invested.
-14.72%
Cash On Cash
3.23%
Cap Rate
0.54
DSCR
$3,491
Rent
-$1,868
Cashflow
Cash Flow
$3,491 income − $5,359 expenses = $1,868 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
6.4%
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
$3,491
Total Expenses
$5,359
Mortgage P&I
104%
$3,642
Property Taxes
16%
$547
Home Insurance
8%
$262
HOA
0%
$0
Property Management
10%
$349
CapEx
5%
$175
Vacancy
6%
$209
Maintenance
5%
$175
Other
0%
$0