This property looks like a bad Long-Term investment with a projected -12.16% first-year return on $158k initial cash invested.
-12.16%
Cash On Cash
4.18%
Cap Rate
0.66
DSCR
$4,564
Rent
-$1,596
Cashflow
Cash Flow
$4,564 income − $6,160 expenses = $1,596 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
$4,564
Total Expenses
$6,160
Mortgage P&I
87%
$3,981
Property Taxes
16%
$731
Home Insurance
6%
$262
HOA
0%
$0
Property Management
10%
$456
CapEx
5%
$228
Vacancy
6%
$274
Maintenance
5%
$228
Other
0%
$0