This property looks like a bad Long-Term investment with a projected -18.89% first-year return on $150k initial cash invested.
-18.89%
Cash On Cash
2.81%
Cap Rate
0.43
DSCR
$3,534
Rent
-$2,363
Cashflow
Cash Flow
$3,534 income − $5,897 expenses = $2,363 out of pocket
Investment Breakdown
|
Purchase Price
$715k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$150k
Downpayment
20%
$143k
Closing costs
1%
$7,150
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,534
Total Expenses
$5,897
Mortgage P&I
109%
$3,862
Property Taxes
20%
$691
Home Insurance
7%
$250
HOA
5%
$175
Property Management
10%
$353
CapEx
5%
$177
Vacancy
6%
$212
Maintenance
5%
$177
Other
0%
$0