This property looks like a bad Long-Term investment with a projected -13.59% first-year return on $158k initial cash invested.
-13.59%
Cash On Cash
4.13%
Cap Rate
0.62
DSCR
$4,640
Rent
-$1,784
Cashflow
Cash Flow
$4,640 income − $6,424 expenses = $1,784 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.3%
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
$4,640
Total Expenses
$6,424
Mortgage P&I
89%
$4,135
Property Taxes
17%
$788
Home Insurance
6%
$262
HOA
1%
$33
Property Management
10%
$464
CapEx
5%
$232
Vacancy
6%
$278
Maintenance
5%
$232
Other
0%
$0