This property looks like a bad Long-Term investment with a projected -16.19% first-year return on $158k initial cash invested.
-16.19%
Cash On Cash
3.33%
Cap Rate
0.52
DSCR
$4,221
Rent
-$2,125
Cashflow
Cash Flow
$4,221 income − $6,346 expenses = $2,125 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.0%
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
$4,221
Total Expenses
$6,346
Mortgage P&I
95%
$3,996
Property Taxes
23%
$991
Home Insurance
6%
$262
HOA
0%
$0
Property Management
10%
$422
CapEx
5%
$211
Vacancy
6%
$253
Maintenance
5%
$211
Other
0%
$0