This property looks like a bad Long-Term investment with a projected -15.71% first-year return on $158k initial cash invested.
-15.71%
Cash On Cash
3.51%
Cap Rate
0.54
DSCR
$4,039
Rent
-$2,062
Cashflow
Cash Flow
$4,039 income − $6,101 expenses = $2,062 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
$4,039
Total Expenses
$6,101
Mortgage P&I
100%
$4,051
Property Taxes
18%
$738
Home Insurance
6%
$262
HOA
0%
$0
Property Management
10%
$404
CapEx
5%
$202
Vacancy
6%
$242
Maintenance
5%
$202
Other
0%
$0