This property looks like a bad Long-Term investment with a projected -10.92% first-year return on $152k initial cash invested.
-10.92%
Cash On Cash
4.54%
Cap Rate
0.71
DSCR
$5,122
Rent
-$1,386
Cashflow
Cash Flow
$5,122 income − $6,508 expenses = $1,386 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$145k
Closing costs
1%
$7,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,122
Total Expenses
$6,508
Mortgage P&I
76%
$3,875
Property Taxes
20%
$1,048
Home Insurance
5%
$254
HOA
0%
$0
Property Management
10%
$512
CapEx
5%
$256
Vacancy
6%
$307
Maintenance
5%
$256
Other
0%
$0