This property looks like a bad Long-Term investment with a projected -19.09% first-year return on $150k initial cash invested.
-19.09%
Cash On Cash
2.59%
Cap Rate
0.41
DSCR
$3,330
Rent
-$2,387
Cashflow
Cash Flow
$3,330 income − $5,717 expenses = $2,387 out of pocket
Investment Breakdown
|
Purchase Price
$714k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$150k
Downpayment
20%
$143k
Closing costs
1%
$7,144
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,330
Total Expenses
$5,717
Mortgage P&I
113%
$3,763
Property Taxes
21%
$695
Home Insurance
8%
$271
HOA
4%
$123
Property Management
10%
$333
CapEx
5%
$166
Vacancy
6%
$200
Maintenance
5%
$166
Other
0%
$0