This property looks like a bad Long-Term investment with a projected -15.47% first-year return on $158k initial cash invested.
-15.47%
Cash On Cash
3.62%
Cap Rate
0.55
DSCR
$3,791
Rent
-$2,030
Cashflow
Cash Flow
$3,791 income − $5,821 expenses = $2,030 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
$3,791
Total Expenses
$5,821
Mortgage P&I
108%
$4,103
Property Taxes
12%
$470
Home Insurance
7%
$262
HOA
0%
$0
Property Management
10%
$379
CapEx
5%
$190
Vacancy
6%
$227
Maintenance
5%
$190
Other
0%
$0