This property looks like a bad Long-Term investment with a projected -27.05% first-year return on $157k initial cash invested.
-27.05%
Cash On Cash
1%
Cap Rate
0.15
DSCR
$1,764
Rent
-$3,550
Cashflow
Cash Flow
$1,764 income − $5,314 expenses = $3,550 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$157k
Downpayment
20%
$150k
Closing costs
1%
$7,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,764
Total Expenses
$5,314
Mortgage P&I
232%
$4,088
Property Taxes
29%
$506
Home Insurance
15%
$262
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0