This property looks like a bad Long-Term investment with a projected -11.62% first-year return on $151k initial cash invested.
-11.62%
Cash On Cash
4.41%
Cap Rate
0.68
DSCR
$4,337
Rent
-$1,464
Cashflow
Cash Flow
$4,337 income − $5,801 expenses = $1,464 out of pocket
Investment Breakdown
|
Purchase Price
$720k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$151k
Downpayment
20%
$144k
Closing costs
1%
$7,202
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,337
Total Expenses
$5,801
Mortgage P&I
90%
$3,893
Property Taxes
14%
$588
Home Insurance
4%
$192
HOA
0%
$0
Property Management
10%
$434
CapEx
5%
$217
Vacancy
6%
$260
Maintenance
5%
$217
Other
0%
$0