This property looks like a bad Long-Term investment with a projected -16.09% first-year return on $157k initial cash invested.
-16.09%
Cash On Cash
3.53%
Cap Rate
0.54
DSCR
$3,913
Rent
-$2,112
Cashflow
Cash Flow
$3,913 income − $6,025 expenses = $2,112 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.3%
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
$3,913
Total Expenses
$6,025
Mortgage P&I
105%
$4,121
Property Taxes
16%
$624
Home Insurance
7%
$262
HOA
0%
$0
Property Management
10%
$391
CapEx
5%
$196
Vacancy
6%
$235
Maintenance
5%
$196
Other
0%
$0