This property looks like a bad Mid-Term investment with a projected -11.69% first-year return on $176k initial cash invested.
-11.69%
Cash On Cash
3.91%
Cap Rate
0.61
DSCR
$4,173
Rent
-$1,710
Cashflow
Cash Flow
$4,173 income − $5,883 expenses = $1,710 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
$4,173
Total Expenses
$5,883
Mortgage P&I
96%
$3,986
Property Taxes
5%
$216
Home Insurance
6%
$262
HOA
0%
$0
Property Management
12%
$501
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$459