This property looks like a bad Long-Term investment with a projected -26.59% first-year return on $151k initial cash invested.
-26.59%
Cash On Cash
0.57%
Cap Rate
0.09
DSCR
$787
Rent
-$3,350
Cashflow
Cash Flow
$787 income − $4,137 expenses = $3,350 out of pocket
Investment Breakdown
|
Purchase Price
$720k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$151k
Downpayment
20%
$144k
Closing costs
1%
$7,200
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$787
Total Expenses
$4,137
Mortgage P&I
464%
$3,653
Property Taxes
4%
$28
Home Insurance
32%
$252
HOA
0%
$0
Property Management
10%
$79
CapEx
5%
$39
Vacancy
6%
$47
Maintenance
5%
$39
Other
0%
$0