This property looks like a bad Long-Term investment with a projected -21.01% first-year return on $154k initial cash invested.
-21.01%
Cash On Cash
2.32%
Cap Rate
0.36
DSCR
$3,049
Rent
-$2,705
Cashflow
Cash Flow
$3,049 income − $5,754 expenses = $2,705 out of pocket
Investment Breakdown
|
Purchase Price
$736k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$147k
Closing costs
1%
$7,357
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,049
Total Expenses
$5,754
Mortgage P&I
130%
$3,977
Property Taxes
24%
$731
Home Insurance
8%
$254
HOA
0%
$0
Property Management
10%
$305
CapEx
5%
$152
Vacancy
6%
$183
Maintenance
5%
$152
Other
0%
$0