This property looks like a bad Long-Term investment with a projected -15.79% first-year return on $151k initial cash invested.
-15.79%
Cash On Cash
3.37%
Cap Rate
0.53
DSCR
$3,783
Rent
-$1,983
Cashflow
Cash Flow
$3,783 income − $5,766 expenses = $1,983 out of pocket
Investment Breakdown
|
Purchase Price
$718k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$151k
Downpayment
20%
$144k
Closing costs
1%
$7,175
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,783
Total Expenses
$5,766
Mortgage P&I
101%
$3,809
Property Taxes
19%
$717
Home Insurance
7%
$257
HOA
0%
$0
Property Management
10%
$378
CapEx
5%
$189
Vacancy
6%
$227
Maintenance
5%
$189
Other
0%
$0