This property looks like a bad Long-Term investment with a projected -23.05% first-year return on $152k initial cash invested.
-23.05%
Cash On Cash
1.27%
Cap Rate
0.21
DSCR
$1,359
Rent
-$2,925
Cashflow
Cash Flow
$1,359 income − $4,284 expenses = $2,925 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
6.4%
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
$1,359
Total Expenses
$4,284
Mortgage P&I
267%
$3,626
Property Taxes
4%
$50
Home Insurance
19%
$254
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0