This property looks like a bad Long-Term investment with a projected -23.79% first-year return on $154k initial cash invested.
-23.79%
Cash On Cash
1.75%
Cap Rate
0.27
DSCR
$2,285
Rent
-$3,060
Cashflow
Cash Flow
$2,285 income − $5,345 expenses = $3,060 out of pocket
Investment Breakdown
|
Purchase Price
$735k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$147k
Closing costs
1%
$7,349
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,285
Total Expenses
$5,345
Mortgage P&I
176%
$4,019
Property Taxes
20%
$461
Home Insurance
12%
$272
HOA
0%
$0
Property Management
10%
$228
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0