This property looks like a bad Long-Term investment with a projected -16.64% first-year return on $153k initial cash invested.
-16.64%
Cash On Cash
3.39%
Cap Rate
0.51
DSCR
$3,426
Rent
-$2,126
Cashflow
Cash Flow
$3,426 income − $5,552 expenses = $2,126 out of pocket
Investment Breakdown
|
Purchase Price
$730k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$153k
Downpayment
20%
$146k
Closing costs
1%
$7,299
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,426
Total Expenses
$5,552
Mortgage P&I
117%
$4,018
Property Taxes
11%
$387
Home Insurance
7%
$256
HOA
0%
$0
Property Management
10%
$343
CapEx
5%
$171
Vacancy
6%
$206
Maintenance
5%
$171
Other
0%
$0