This property looks like a bad Long-Term investment with a projected -20.51% first-year return on $157k initial cash invested.
-20.51%
Cash On Cash
2.28%
Cap Rate
0.36
DSCR
$3,644
Rent
-$2,691
Cashflow
Cash Flow
$3,644 income − $6,335 expenses = $2,691 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$157k
Downpayment
20%
$150k
Closing costs
1%
$7,497
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,644
Total Expenses
$6,335
Mortgage P&I
108%
$3,936
Property Taxes
32%
$1,164
Home Insurance
7%
$271
HOA
0%
$17
Property Management
10%
$364
CapEx
5%
$182
Vacancy
6%
$219
Maintenance
5%
$182
Other
0%
$0