This property looks like a bad Long-Term investment with a projected -13.62% first-year return on $150k initial cash invested.
-13.62%
Cash On Cash
4.1%
Cap Rate
0.62
DSCR
$4,344
Rent
-$1,699
Cashflow
Cash Flow
$4,344 income − $6,043 expenses = $1,699 out of pocket
Investment Breakdown
|
Purchase Price
$713k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$150k
Downpayment
20%
$143k
Closing costs
1%
$7,129
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,344
Total Expenses
$6,043
Mortgage P&I
90%
$3,918
Property Taxes
16%
$699
Home Insurance
7%
$297
HOA
0%
$0
Property Management
10%
$434
CapEx
5%
$217
Vacancy
6%
$261
Maintenance
5%
$217
Other
0%
$0