This property looks like a bad Long-Term investment with a projected -20.62% first-year return on $158k initial cash invested.
-20.62%
Cash On Cash
2.39%
Cap Rate
0.37
DSCR
$2,839
Rent
-$2,707
Cashflow
Cash Flow
$2,839 income − $5,546 expenses = $2,707 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,839
Total Expenses
$5,546
Mortgage P&I
143%
$4,059
Property Taxes
17%
$487
Home Insurance
9%
$262
HOA
0%
$0
Property Management
10%
$284
CapEx
5%
$142
Vacancy
6%
$170
Maintenance
5%
$142
Other
0%
$0