This property looks like a bad Long-Term investment with a projected -19.61% first-year return on $155k initial cash invested.
-19.61%
Cash On Cash
2.79%
Cap Rate
0.42
DSCR
$3,105
Rent
-$2,533
Cashflow
Cash Flow
$3,105 income − $5,638 expenses = $2,533 out of pocket
Investment Breakdown
|
Purchase Price
$738k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$155k
Downpayment
20%
$148k
Closing costs
1%
$7,381
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,105
Total Expenses
$5,638
Mortgage P&I
132%
$4,093
Property Taxes
15%
$471
Home Insurance
9%
$268
HOA
0%
$0
Property Management
10%
$310
CapEx
5%
$155
Vacancy
6%
$186
Maintenance
5%
$155
Other
0%
$0