This property looks like a bad Long-Term investment with a projected -25.26% first-year return on $150k initial cash invested.
-25.26%
Cash On Cash
1.54%
Cap Rate
0.23
DSCR
$2,024
Rent
-$3,155
Cashflow
Cash Flow
$2,024 income − $5,179 expenses = $3,155 out of pocket
Investment Breakdown
|
Purchase Price
$714k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$150k
Downpayment
20%
$143k
Closing costs
1%
$7,138
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,024
Total Expenses
$5,179
Mortgage P&I
196%
$3,971
Property Taxes
21%
$423
Home Insurance
13%
$260
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0