This property looks like a bad Long-Term investment with a projected -18.56% first-year return on $150k initial cash invested.
-18.56%
Cash On Cash
2.97%
Cap Rate
0.45
DSCR
$3,179
Rent
-$2,320
Cashflow
Cash Flow
$3,179 income − $5,499 expenses = $2,320 out of pocket
Investment Breakdown
|
Purchase Price
$714k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$150k
Downpayment
20%
$143k
Closing costs
1%
$7,142
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,179
Total Expenses
$5,499
Mortgage P&I
124%
$3,929
Property Taxes
13%
$421
Home Insurance
8%
$262
HOA
2%
$60
Property Management
10%
$318
CapEx
5%
$159
Vacancy
6%
$191
Maintenance
5%
$159
Other
0%
$0