This property looks like a bad Long-Term investment with a projected -24.32% first-year return on $158k initial cash invested.
-24.32%
Cash On Cash
1.33%
Cap Rate
0.21
DSCR
$1,793
Rent
-$3,192
Cashflow
Cash Flow
$1,793 income − $4,985 expenses = $3,192 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.8%
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
$1,793
Total Expenses
$4,985
Mortgage P&I
219%
$3,933
Property Taxes
18%
$323
Home Insurance
15%
$262
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0