This property looks like a bad Mid-Term investment with a projected -11.05% first-year return on $175k initial cash invested.
-11.05%
Cash On Cash
4.46%
Cap Rate
0.67
DSCR
$5,350
Rent
-$1,607
Cashflow
Cash Flow
$5,350 income − $6,957 expenses = $1,607 out of pocket
Investment Breakdown
|
Purchase Price
$745k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$175k
Downpayment
20%
$149k
Closing costs
1%
$7,454
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,350
Total Expenses
$6,957
Mortgage P&I
78%
$4,163
Property Taxes
13%
$693
Home Insurance
5%
$262
HOA
0%
$21
Property Management
12%
$642
CapEx
4%
$214
Vacancy
3%
$160
Maintenance
4%
$214
Other
11%
$588