This property looks like a bad Long-Term investment with a projected -23.29% first-year return on $157k initial cash invested.
-23.29%
Cash On Cash
1.73%
Cap Rate
0.27
DSCR
$2,510
Rent
-$3,056
Cashflow
Cash Flow
$2,510 income − $5,566 expenses = $3,056 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,510
Total Expenses
$5,566
Mortgage P&I
160%
$4,008
Property Taxes
25%
$630
Home Insurance
9%
$236
HOA
2%
$38
Property Management
10%
$251
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0