This property looks like a bad Long-Term investment with a projected -14.45% first-year return on $150k initial cash invested.
-14.45%
Cash On Cash
3.9%
Cap Rate
0.6
DSCR
$4,562
Rent
-$1,807
Cashflow
Cash Flow
$4,562 income − $6,369 expenses = $1,807 out of pocket
Investment Breakdown
|
Purchase Price
$715k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$150k
Downpayment
20%
$143k
Closing costs
1%
$7,145
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,562
Total Expenses
$6,369
Mortgage P&I
85%
$3,899
Property Taxes
23%
$1,034
Home Insurance
5%
$250
HOA
0%
$0
Property Management
10%
$456
CapEx
5%
$228
Vacancy
6%
$274
Maintenance
5%
$228
Other
0%
$0