This property looks like a bad Mid-Term investment with a projected -9.45% first-year return on $176k initial cash invested.
-9.45%
Cash On Cash
4.24%
Cap Rate
0.69
DSCR
$5,210
Rent
-$1,382
Cashflow
Cash Flow
$5,210 income − $6,592 expenses = $1,382 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.6%
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
$5,210
Total Expenses
$6,592
Mortgage P&I
73%
$3,824
Property Taxes
14%
$736
Home Insurance
5%
$262
HOA
0%
$0
Property Management
12%
$625
CapEx
4%
$208
Vacancy
3%
$156
Maintenance
4%
$208
Other
11%
$573