This property looks like a bad Long-Term investment with a projected -19.64% first-year return on $158k initial cash invested.
-19.64%
Cash On Cash
2.21%
Cap Rate
0.36
DSCR
$2,753
Rent
-$2,578
Cashflow
Cash Flow
$2,753 income − $5,331 expenses = $2,578 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.6%
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
$2,753
Total Expenses
$5,331
Mortgage P&I
139%
$3,824
Property Taxes
19%
$529
Home Insurance
10%
$262
HOA
0%
$0
Property Management
10%
$275
CapEx
5%
$138
Vacancy
6%
$165
Maintenance
5%
$138
Other
0%
$0