This property looks like a bad Long-Term investment with a projected -14.04% first-year return on $154k initial cash invested.
-14.04%
Cash On Cash
3.54%
Cap Rate
0.57
DSCR
$3,268
Rent
-$1,804
Cashflow
Cash Flow
$3,268 income − $5,072 expenses = $1,804 out of pocket
Investment Breakdown
|
Purchase Price
$734k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$147k
Closing costs
1%
$7,341
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,268
Total Expenses
$5,072
Mortgage P&I
117%
$3,808
Property Taxes
2%
$61
Home Insurance
8%
$262
HOA
3%
$92
Property Management
10%
$327
CapEx
5%
$163
Vacancy
6%
$196
Maintenance
5%
$163
Other
0%
$0