This property looks like a bad Long-Term investment with a projected -25.55% first-year return on $158k initial cash invested.
-25.55%
Cash On Cash
1.19%
Cap Rate
0.19
DSCR
$2,249
Rent
-$3,354
Cashflow
Cash Flow
$2,249 income − $5,603 expenses = $3,354 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
$2,249
Total Expenses
$5,603
Mortgage P&I
177%
$3,985
Property Taxes
30%
$672
Home Insurance
12%
$262
HOA
4%
$100
Property Management
10%
$225
CapEx
5%
$112
Vacancy
6%
$135
Maintenance
5%
$112
Other
0%
$0