This property looks like a bad Long-Term investment with a projected -12.78% first-year return on $150k initial cash invested.
-12.78%
Cash On Cash
4.16%
Cap Rate
0.64
DSCR
$4,145
Rent
-$1,599
Cashflow
Cash Flow
$4,145 income − $5,744 expenses = $1,599 out of pocket
Investment Breakdown
|
Purchase Price
$715k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$150k
Downpayment
20%
$143k
Closing costs
1%
$7,149
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,145
Total Expenses
$5,744
Mortgage P&I
93%
$3,872
Property Taxes
13%
$554
Home Insurance
6%
$241
HOA
0%
$0
Property Management
10%
$414
CapEx
5%
$207
Vacancy
6%
$249
Maintenance
5%
$207
Other
0%
$0