This property looks like a bad Mid-Term investment with a projected -12.26% first-year return on $175k initial cash invested.
-12.26%
Cash On Cash
3.81%
Cap Rate
0.59
DSCR
$4,096
Rent
-$1,793
Cashflow
Cash Flow
$4,096 income − $5,889 expenses = $1,793 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.0%
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
$4,096
Total Expenses
$5,889
Mortgage P&I
98%
$4,011
Property Taxes
5%
$222
Home Insurance
6%
$262
HOA
0%
$0
Property Management
12%
$492
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$451