This property looks like a bad Long-Term investment with a projected -9.78% first-year return on $157k initial cash invested.
-9.78%
Cash On Cash
4.76%
Cap Rate
0.74
DSCR
$4,989
Rent
-$1,284
Cashflow
Cash Flow
$4,989 income − $6,273 expenses = $1,284 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
$4,989
Total Expenses
$6,273
Mortgage P&I
80%
$4,009
Property Taxes
14%
$706
Home Insurance
5%
$262
HOA
0%
$0
Property Management
10%
$499
CapEx
5%
$249
Vacancy
6%
$299
Maintenance
5%
$249
Other
0%
$0