This property looks like a bad Mid-Term investment with a projected -12.18% first-year return on $175k initial cash invested.
-12.18%
Cash On Cash
3.8%
Cap Rate
0.6
DSCR
$5,466
Rent
-$1,781
Cashflow
Cash Flow
$5,466 income − $7,247 expenses = $1,781 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$175k
Downpayment
20%
$150k
Closing costs
1%
$7,497
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,466
Total Expenses
$7,247
Mortgage P&I
72%
$3,936
Property Taxes
21%
$1,164
Home Insurance
5%
$271
HOA
0%
$17
Property Management
12%
$656
CapEx
4%
$219
Vacancy
3%
$164
Maintenance
4%
$219
Other
11%
$601