This property looks like a bad Long-Term investment with a projected -18.86% first-year return on $152k initial cash invested.
-18.86%
Cash On Cash
2.57%
Cap Rate
0.41
DSCR
$2,421
Rent
-$2,393
Cashflow
Cash Flow
$2,421 income − $4,814 expenses = $2,393 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
6.9%
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
$2,421
Total Expenses
$4,814
Mortgage P&I
158%
$3,827
Property Taxes
4%
$104
Home Insurance
10%
$254
HOA
0%
$0
Property Management
10%
$242
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0