This property looks like a bad Mid-Term investment with a projected -11.25% first-year return on $176k initial cash invested.
-11.25%
Cash On Cash
4.23%
Cap Rate
0.65
DSCR
$5,164
Rent
-$1,646
Cashflow
Cash Flow
$5,164 income − $6,810 expenses = $1,646 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$176k
Downpayment
20%
$150k
Closing costs
1%
$7,504
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,164
Total Expenses
$6,810
Mortgage P&I
79%
$4,086
Property Taxes
14%
$713
Home Insurance
5%
$254
HOA
0%
$0
Property Management
12%
$620
CapEx
4%
$207
Vacancy
3%
$155
Maintenance
4%
$207
Other
11%
$568