This property looks like a bad Long-Term investment with a projected -14.74% first-year return on $155k initial cash invested.
-14.74%
Cash On Cash
3.41%
Cap Rate
0.55
DSCR
$3,800
Rent
-$1,898
Cashflow
Cash Flow
$3,800 income − $5,698 expenses = $1,898 out of pocket
Investment Breakdown
|
Purchase Price
$736k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$155k
Downpayment
20%
$147k
Closing costs
1%
$7,359
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,800
Total Expenses
$5,698
Mortgage P&I
100%
$3,797
Property Taxes
17%
$652
Home Insurance
7%
$261
HOA
0%
$0
Property Management
10%
$380
CapEx
5%
$190
Vacancy
6%
$228
Maintenance
5%
$190
Other
0%
$0