This property looks like a bad Long-Term investment with a projected -17.93% first-year return on $157k initial cash invested.
-17.93%
Cash On Cash
2.63%
Cap Rate
0.43
DSCR
$2,817
Rent
-$2,353
Cashflow
Cash Flow
$2,817 income − $5,170 expenses = $2,353 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.7%
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
$2,817
Total Expenses
$5,170
Mortgage P&I
137%
$3,853
Property Taxes
11%
$322
Home Insurance
9%
$262
HOA
0%
$0
Property Management
10%
$282
CapEx
5%
$141
Vacancy
6%
$169
Maintenance
5%
$141
Other
0%
$0