This property looks like a bad Long-Term investment with a projected -15.69% first-year return on $149k initial cash invested.
-15.69%
Cash On Cash
3.53%
Cap Rate
0.54
DSCR
$3,641
Rent
-$1,954
Cashflow
Cash Flow
$3,641 income − $5,595 expenses = $1,954 out of pocket
Investment Breakdown
|
Purchase Price
$712k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$149k
Downpayment
20%
$142k
Closing costs
1%
$7,118
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,641
Total Expenses
$5,595
Mortgage P&I
106%
$3,866
Property Taxes
14%
$503
Home Insurance
8%
$280
HOA
0%
$0
Property Management
10%
$364
CapEx
5%
$182
Vacancy
6%
$218
Maintenance
5%
$182
Other
0%
$0