This property looks like a bad Long-Term investment with a projected -21.89% first-year return on $150k initial cash invested.
-21.89%
Cash On Cash
2.48%
Cap Rate
0.36
DSCR
$2,887
Rent
-$2,733
Cashflow
Cash Flow
$2,887 income − $5,620 expenses = $2,733 out of pocket
Investment Breakdown
|
Purchase Price
$714k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$150k
Downpayment
20%
$143k
Closing costs
1%
$7,135
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,887
Total Expenses
$5,620
Mortgage P&I
141%
$4,065
Property Taxes
19%
$551
Home Insurance
9%
$254
HOA
0%
$0
Property Management
10%
$289
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0