This property looks like a bad Mid-Term investment with a projected -13.09% first-year return on $175k initial cash invested.
-13.09%
Cash On Cash
3.49%
Cap Rate
0.55
DSCR
$3,696
Rent
-$1,914
Cashflow
Cash Flow
$3,696 income − $5,610 expenses = $1,914 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.9%
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
$3,696
Total Expenses
$5,610
Mortgage P&I
107%
$3,944
Property Taxes
4%
$146
Home Insurance
7%
$262
HOA
0%
$0
Property Management
12%
$444
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$407