This property looks like a bad Long-Term investment with a projected -16.72% first-year return on $157k initial cash invested.
-16.72%
Cash On Cash
3.27%
Cap Rate
0.5
DSCR
$3,551
Rent
-$2,194
Cashflow
Cash Flow
$3,551 income − $5,745 expenses = $2,194 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$157k
Downpayment
20%
$150k
Closing costs
1%
$7,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,551
Total Expenses
$5,745
Mortgage P&I
114%
$4,062
Property Taxes
14%
$497
Home Insurance
7%
$262
HOA
0%
$0
Property Management
10%
$355
CapEx
5%
$178
Vacancy
6%
$213
Maintenance
5%
$178
Other
0%
$0