This property looks like a bad Long-Term investment with a projected -11.52% first-year return on $152k initial cash invested.
-11.52%
Cash On Cash
3.92%
Cap Rate
0.65
DSCR
$3,539
Rent
-$1,462
Cashflow
Cash Flow
$3,539 income − $5,001 expenses = $1,462 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$145k
Closing costs
1%
$7,249
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,539
Total Expenses
$5,001
Mortgage P&I
103%
$3,654
Property Taxes
5%
$173
Home Insurance
7%
$254
HOA
0%
$0
Property Management
10%
$354
CapEx
5%
$177
Vacancy
6%
$212
Maintenance
5%
$177
Other
0%
$0