This property looks like a bad Mid-Term investment with a projected -9.29% first-year return on $176k initial cash invested.
-9.29%
Cash On Cash
4.2%
Cap Rate
0.69
DSCR
$5,138
Rent
-$1,359
Cashflow
Cash Flow
$5,138 income − $6,497 expenses = $1,359 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$176k
Downpayment
20%
$150k
Closing costs
1%
$7,502
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,138
Total Expenses
$6,497
Mortgage P&I
74%
$3,780
Property Taxes
14%
$701
Home Insurance
5%
$268
HOA
0%
$0
Property Management
12%
$617
CapEx
4%
$206
Vacancy
3%
$154
Maintenance
4%
$206
Other
11%
$565