This property looks like a bad Mid-Term investment with a projected -8.89% first-year return on $176k initial cash invested.
-8.89%
Cash On Cash
4.65%
Cap Rate
0.73
DSCR
$5,577
Rent
-$1,300
Cashflow
Cash Flow
$5,577 income − $6,877 expenses = $1,300 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.0%
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
$5,577
Total Expenses
$6,877
Mortgage P&I
71%
$3,982
Property Taxes
13%
$738
Home Insurance
5%
$262
HOA
0%
$0
Property Management
12%
$669
CapEx
4%
$223
Vacancy
3%
$167
Maintenance
4%
$223
Other
11%
$613