This property looks like a bad Long-Term investment with a projected -15.46% first-year return on $157k initial cash invested.
-15.46%
Cash On Cash
3.1%
Cap Rate
0.51
DSCR
$3,278
Rent
-$2,028
Cashflow
Cash Flow
$3,278 income − $5,306 expenses = $2,028 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$157k
Downpayment
20%
$150k
Closing costs
1%
$7,497
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,278
Total Expenses
$5,306
Mortgage P&I
116%
$3,800
Property Taxes
12%
$393
Home Insurance
8%
$260
HOA
0%
$0
Property Management
10%
$328
CapEx
5%
$164
Vacancy
6%
$197
Maintenance
5%
$164
Other
0%
$0