This property looks like a bad Long-Term investment with a projected -15.04% first-year return on $158k initial cash invested.
-15.04%
Cash On Cash
3.48%
Cap Rate
0.55
DSCR
$3,751
Rent
-$1,974
Cashflow
Cash Flow
$3,751 income − $5,725 expenses = $1,974 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.9%
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
$3,751
Total Expenses
$5,725
Mortgage P&I
106%
$3,964
Property Taxes
14%
$523
Home Insurance
7%
$262
HOA
0%
$0
Property Management
10%
$375
CapEx
5%
$188
Vacancy
6%
$225
Maintenance
5%
$188
Other
0%
$0