This property looks like a bad Long-Term investment with a projected -10.24% first-year return on $152k initial cash invested.
-10.24%
Cash On Cash
4.74%
Cap Rate
0.73
DSCR
$5,290
Rent
-$1,295
Cashflow
Cash Flow
$5,290 income − $6,585 expenses = $1,295 out of pocket
Investment Breakdown
|
Purchase Price
$723k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$145k
Closing costs
1%
$7,227
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,290
Total Expenses
$6,585
Mortgage P&I
73%
$3,886
Property Taxes
15%
$769
Home Insurance
5%
$276
HOA
5%
$280
Property Management
10%
$529
CapEx
5%
$264
Vacancy
6%
$317
Maintenance
5%
$264
Other
0%
$0