This property looks like a bad Long-Term investment with a projected -21.52% first-year return on $158k initial cash invested.
-21.52%
Cash On Cash
2.32%
Cap Rate
0.35
DSCR
$3,101
Rent
-$2,825
Cashflow
Cash Flow
$3,101 income − $5,926 expenses = $2,825 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.3%
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
$3,101
Total Expenses
$5,926
Mortgage P&I
133%
$4,120
Property Taxes
24%
$738
Home Insurance
8%
$262
HOA
0%
$0
Property Management
10%
$310
CapEx
5%
$155
Vacancy
6%
$186
Maintenance
5%
$155
Other
0%
$0