This property looks like a bad Long-Term investment with a projected -15.34% first-year return on $158k initial cash invested.
-15.34%
Cash On Cash
3.49%
Cap Rate
0.55
DSCR
$3,935
Rent
-$2,014
Cashflow
Cash Flow
$3,935 income − $5,949 expenses = $2,014 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,935
Total Expenses
$5,949
Mortgage P&I
102%
$4,001
Property Taxes
17%
$662
Home Insurance
7%
$262
HOA
0%
$0
Property Management
10%
$394
CapEx
5%
$197
Vacancy
6%
$236
Maintenance
5%
$197
Other
0%
$0