This property looks like a bad Mid-Term investment with a projected -8.93% first-year return on $175k initial cash invested.
-8.93%
Cash On Cash
4.75%
Cap Rate
0.73
DSCR
$5,326
Rent
-$1,306
Cashflow
Cash Flow
$5,326 income − $6,632 expenses = $1,306 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$175k
Downpayment
20%
$150k
Closing costs
1%
$7,499
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,326
Total Expenses
$6,632
Mortgage P&I
76%
$4,062
Property Taxes
9%
$497
Home Insurance
5%
$262
HOA
0%
$0
Property Management
12%
$639
CapEx
4%
$213
Vacancy
3%
$160
Maintenance
4%
$213
Other
11%
$586