This property looks like a bad Long-Term investment with a projected -15% first-year return on $155k initial cash invested.
-15%
Cash On Cash
3.59%
Cap Rate
0.56
DSCR
$4,037
Rent
-$1,936
Cashflow
Cash Flow
$4,037 income − $5,973 expenses = $1,936 out of pocket
Investment Breakdown
|
Purchase Price
$737k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$155k
Downpayment
20%
$147k
Closing costs
1%
$7,373
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,037
Total Expenses
$5,973
Mortgage P&I
98%
$3,941
Property Taxes
18%
$720
Home Insurance
6%
$262
HOA
0%
$0
Property Management
10%
$404
CapEx
5%
$202
Vacancy
6%
$242
Maintenance
5%
$202
Other
0%
$0