This property looks like a bad Mid-Term investment with a projected -11.27% first-year return on $175k initial cash invested.
-11.27%
Cash On Cash
3.8%
Cap Rate
0.62
DSCR
$4,226
Rent
-$1,648
Cashflow
Cash Flow
$4,226 income − $5,874 expenses = $1,648 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.7%
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
$4,226
Total Expenses
$5,874
Mortgage P&I
91%
$3,853
Property Taxes
8%
$322
Home Insurance
6%
$262
HOA
0%
$0
Property Management
12%
$507
CapEx
4%
$169
Vacancy
3%
$127
Maintenance
4%
$169
Other
11%
$465