This property looks like a bad Long-Term investment with a projected -18.66% first-year return on $154k initial cash invested.
-18.66%
Cash On Cash
2.77%
Cap Rate
0.43
DSCR
$3,334
Rent
-$2,396
Cashflow
Cash Flow
$3,334 income − $5,730 expenses = $2,396 out of pocket
Investment Breakdown
|
Purchase Price
$734k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$147k
Closing costs
1%
$7,336
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,334
Total Expenses
$5,730
Mortgage P&I
118%
$3,921
Property Taxes
20%
$680
Home Insurance
8%
$262
HOA
0%
$0
Property Management
10%
$333
CapEx
5%
$167
Vacancy
6%
$200
Maintenance
5%
$167
Other
0%
$0