This property looks like a bad Long-Term investment with a projected -19.5% first-year return on $158k initial cash invested.
-19.5%
Cash On Cash
2.66%
Cap Rate
0.41
DSCR
$3,348
Rent
-$2,559
Cashflow
Cash Flow
$3,348 income − $5,907 expenses = $2,559 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.2%
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
$3,348
Total Expenses
$5,907
Mortgage P&I
121%
$4,054
Property Taxes
22%
$721
Home Insurance
8%
$262
HOA
0%
$0
Property Management
10%
$335
CapEx
5%
$167
Vacancy
6%
$201
Maintenance
5%
$167
Other
0%
$0