This property looks like a bad Long-Term investment with a projected -14.39% first-year return on $155k initial cash invested.
-14.39%
Cash On Cash
3.92%
Cap Rate
0.59
DSCR
$3,724
Rent
-$1,862
Cashflow
Cash Flow
$3,724 income − $5,586 expenses = $1,862 out of pocket
Investment Breakdown
|
Purchase Price
$739k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$155k
Downpayment
20%
$148k
Closing costs
1%
$7,393
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,724
Total Expenses
$5,586
Mortgage P&I
110%
$4,092
Property Taxes
5%
$168
Home Insurance
7%
$266
HOA
3%
$93
Property Management
10%
$372
CapEx
5%
$186
Vacancy
6%
$223
Maintenance
5%
$186
Other
0%
$0