This property looks like a bad Long-Term investment with a projected -17.16% first-year return on $158k initial cash invested.
-17.16%
Cash On Cash
2.79%
Cap Rate
0.46
DSCR
$3,473
Rent
-$2,252
Cashflow
Cash Flow
$3,473 income − $5,725 expenses = $2,252 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.6%
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
$3,473
Total Expenses
$5,725
Mortgage P&I
110%
$3,824
Property Taxes
21%
$736
Home Insurance
8%
$262
HOA
0%
$0
Property Management
10%
$347
CapEx
5%
$174
Vacancy
6%
$208
Maintenance
5%
$174
Other
0%
$0