This property looks like a bad Mid-Term investment with a projected -7.53% first-year return on $175k initial cash invested.
-7.53%
Cash On Cash
5.23%
Cap Rate
0.79
DSCR
$5,766
Rent
-$1,100
Cashflow
Cash Flow
$5,766 income − $6,866 expenses = $1,100 out of pocket
Investment Breakdown
|
Purchase Price
$749k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$175k
Downpayment
20%
$150k
Closing costs
1%
$7,490
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,766
Total Expenses
$6,866
Mortgage P&I
72%
$4,135
Property Taxes
9%
$499
Home Insurance
5%
$262
HOA
0%
$9
Property Management
12%
$692
CapEx
4%
$231
Vacancy
3%
$173
Maintenance
4%
$231
Other
11%
$634