This property looks like a bad Long-Term investment with a projected -18.32% first-year return on $158k initial cash invested.
-18.32%
Cash On Cash
2.75%
Cap Rate
0.43
DSCR
$2,782
Rent
-$2,405
Cashflow
Cash Flow
$2,782 income − $5,187 expenses = $2,405 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
$2,782
Total Expenses
$5,187
Mortgage P&I
143%
$3,986
Property Taxes
8%
$216
Home Insurance
9%
$262
HOA
0%
$0
Property Management
10%
$278
CapEx
5%
$139
Vacancy
6%
$167
Maintenance
5%
$139
Other
0%
$0