This property looks like a bad Long-Term investment with a projected -19.04% first-year return on $158k initial cash invested.
-19.04%
Cash On Cash
2.4%
Cap Rate
0.39
DSCR
$3,456
Rent
-$2,499
Cashflow
Cash Flow
$3,456 income − $5,955 expenses = $2,499 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
$3,456
Total Expenses
$5,955
Mortgage P&I
111%
$3,826
Property Taxes
27%
$947
Home Insurance
8%
$262
HOA
1%
$21
Property Management
10%
$346
CapEx
5%
$173
Vacancy
6%
$207
Maintenance
5%
$173
Other
0%
$0