This property looks like a bad Long-Term investment with a projected -18.86% first-year return on $157k initial cash invested.
-18.86%
Cash On Cash
2.68%
Cap Rate
0.42
DSCR
$2,731
Rent
-$2,475
Cashflow
Cash Flow
$2,731 income − $5,206 expenses = $2,475 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,731
Total Expenses
$5,206
Mortgage P&I
147%
$4,011
Property Taxes
8%
$222
Home Insurance
10%
$262
HOA
0%
$0
Property Management
10%
$273
CapEx
5%
$137
Vacancy
6%
$164
Maintenance
5%
$137
Other
0%
$0