This property looks like a bad Long-Term investment with a projected -14.59% first-year return on $152k initial cash invested.
-14.59%
Cash On Cash
3.68%
Cap Rate
0.57
DSCR
$4,167
Rent
-$1,854
Cashflow
Cash Flow
$4,167 income − $6,021 expenses = $1,854 out of pocket
Investment Breakdown
|
Purchase Price
$726k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$145k
Closing costs
1%
$7,259
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,167
Total Expenses
$6,021
Mortgage P&I
93%
$3,872
Property Taxes
19%
$786
Home Insurance
7%
$280
HOA
0%
$0
Property Management
10%
$417
CapEx
5%
$208
Vacancy
6%
$250
Maintenance
5%
$208
Other
0%
$0