This property looks like a bad Long-Term investment with a projected -11.55% first-year return on $158k initial cash invested.
-11.55%
Cash On Cash
4.06%
Cap Rate
0.66
DSCR
$4,111
Rent
-$1,516
Cashflow
Cash Flow
$4,111 income − $5,627 expenses = $1,516 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$150k
Closing costs
1%
$7,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,111
Total Expenses
$5,627
Mortgage P&I
94%
$3,849
Property Taxes
11%
$446
Home Insurance
6%
$262
HOA
0%
$0
Property Management
10%
$411
CapEx
5%
$206
Vacancy
6%
$247
Maintenance
5%
$206
Other
0%
$0