This property looks like a bad Long-Term investment with a projected -19.08% first-year return on $158k initial cash invested.
-19.08%
Cash On Cash
2.8%
Cap Rate
0.43
DSCR
$3,443
Rent
-$2,505
Cashflow
Cash Flow
$3,443 income − $5,948 expenses = $2,505 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$150k
Closing costs
1%
$7,504
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,443
Total Expenses
$5,948
Mortgage P&I
119%
$4,086
Property Taxes
21%
$713
Home Insurance
7%
$254
HOA
0%
$0
Property Management
10%
$344
CapEx
5%
$172
Vacancy
6%
$207
Maintenance
5%
$172
Other
0%
$0