This property looks like a bad Long-Term investment with a projected -22.42% first-year return on $157k initial cash invested.
-22.42%
Cash On Cash
1.53%
Cap Rate
0.25
DSCR
$1,883
Rent
-$2,942
Cashflow
Cash Flow
$1,883 income − $4,825 expenses = $2,942 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.5%
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
$1,883
Total Expenses
$4,825
Mortgage P&I
202%
$3,805
Property Taxes
14%
$269
Home Insurance
14%
$262
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0