This property looks like a bad Long-Term investment with a projected -16.45% first-year return on $154k initial cash invested.
-16.45%
Cash On Cash
3.37%
Cap Rate
0.52
DSCR
$4,069
Rent
-$2,106
Cashflow
Cash Flow
$4,069 income − $6,175 expenses = $2,106 out of pocket
Investment Breakdown
|
Purchase Price
$732k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$146k
Closing costs
1%
$7,317
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,069
Total Expenses
$6,175
Mortgage P&I
97%
$3,958
Property Taxes
18%
$712
Home Insurance
6%
$260
HOA
5%
$188
Property Management
10%
$407
CapEx
5%
$203
Vacancy
6%
$244
Maintenance
5%
$203
Other
0%
$0