This property looks like a bad Long-Term investment with a projected -17.46% first-year return on $155k initial cash invested.
-17.46%
Cash On Cash
2.68%
Cap Rate
0.44
DSCR
$3,215
Rent
-$2,251
Cashflow
Cash Flow
$3,215 income − $5,466 expenses = $2,251 out of pocket
Investment Breakdown
|
Purchase Price
$737k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$155k
Downpayment
20%
$147k
Closing costs
1%
$7,367
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,215
Total Expenses
$5,466
Mortgage P&I
116%
$3,733
Property Taxes
21%
$660
Home Insurance
7%
$236
HOA
0%
$0
Property Management
10%
$322
CapEx
5%
$161
Vacancy
6%
$193
Maintenance
5%
$161
Other
0%
$0