This property looks like a bad Long-Term investment with a projected -19.01% first-year return on $158k initial cash invested.
-19.01%
Cash On Cash
2.86%
Cap Rate
0.43
DSCR
$3,524
Rent
-$2,495
Cashflow
Cash Flow
$3,524 income − $6,019 expenses = $2,495 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.3%
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
$3,524
Total Expenses
$6,019
Mortgage P&I
116%
$4,104
Property Taxes
21%
$738
Home Insurance
7%
$262
HOA
0%
$0
Property Management
10%
$352
CapEx
5%
$176
Vacancy
6%
$211
Maintenance
5%
$176
Other
0%
$0