This property looks like a bad Long-Term investment with a projected -24.81% first-year return on $158k initial cash invested.
-24.81%
Cash On Cash
1.61%
Cap Rate
0.24
DSCR
$2,033
Rent
-$3,256
Cashflow
Cash Flow
$2,033 income − $5,289 expenses = $3,256 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,033
Total Expenses
$5,289
Mortgage P&I
205%
$4,158
Property Taxes
17%
$340
Home Insurance
13%
$262
HOA
0%
$0
Property Management
10%
$203
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0