This property looks like a bad Long-Term investment with a projected -4.56% first-year return on $150k initial cash invested.
-4.56%
Cash On Cash
5.8%
Cap Rate
0.91
DSCR
$4,731
Rent
-$568
Cashflow
Cash Flow
$4,731 income − $5,299 expenses = $568 out of pocket
Investment Breakdown
|
Purchase Price
$712k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$150k
Downpayment
20%
$142k
Closing costs
1%
$7,121
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,731
Total Expenses
$5,299
Mortgage P&I
80%
$3,773
Property Taxes
1%
$40
Home Insurance
5%
$255
HOA
0%
$0
Property Management
10%
$473
CapEx
5%
$237
Vacancy
6%
$284
Maintenance
5%
$237
Other
0%
$0