This property looks like a bad Long-Term investment with a projected -23.89% first-year return on $158k initial cash invested.
-23.89%
Cash On Cash
1.68%
Cap Rate
0.26
DSCR
$1,843
Rent
-$3,136
Cashflow
Cash Flow
$1,843 income − $4,979 expenses = $3,136 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
$1,843
Total Expenses
$4,979
Mortgage P&I
222%
$4,092
Property Taxes
8%
$146
Home Insurance
14%
$262
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0