This property looks like a bad Long-Term investment with a projected -12.31% first-year return on $157k initial cash invested.
-12.31%
Cash On Cash
4.08%
Cap Rate
0.64
DSCR
$4,166
Rent
-$1,615
Cashflow
Cash Flow
$4,166 income − $5,781 expenses = $1,615 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%
$7,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,166
Total Expenses
$5,781
Mortgage P&I
95%
$3,956
Property Taxes
12%
$480
Home Insurance
6%
$262
HOA
0%
$0
Property Management
10%
$417
CapEx
5%
$208
Vacancy
6%
$250
Maintenance
5%
$208
Other
0%
$0