This property looks like a bad Long-Term investment with a projected -13.69% first-year return on $150k initial cash invested.
-13.69%
Cash On Cash
3.98%
Cap Rate
0.61
DSCR
$4,234
Rent
-$1,710
Cashflow
Cash Flow
$4,234 income − $5,944 expenses = $1,710 out of pocket
Investment Breakdown
|
Purchase Price
$714k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$150k
Downpayment
20%
$143k
Closing costs
1%
$7,136
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,234
Total Expenses
$5,944
Mortgage P&I
91%
$3,864
Property Taxes
17%
$725
Home Insurance
6%
$254
HOA
0%
$0
Property Management
10%
$423
CapEx
5%
$212
Vacancy
6%
$254
Maintenance
5%
$212
Other
0%
$0