This property looks like a bad Mid-Term investment with a projected -14.02% first-year return on $176k initial cash invested.
-14.02%
Cash On Cash
3.61%
Cap Rate
0.55
DSCR
$4,652
Rent
-$2,050
Cashflow
Cash Flow
$4,652 income − $6,702 expenses = $2,050 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$176k
Downpayment
20%
$150k
Closing costs
1%
$7,500
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,652
Total Expenses
$6,702
Mortgage P&I
89%
$4,120
Property Taxes
16%
$738
Home Insurance
6%
$262
HOA
0%
$0
Property Management
12%
$558
CapEx
4%
$186
Vacancy
3%
$140
Maintenance
4%
$186
Other
11%
$512