This property looks like a bad Mid-Term investment with a projected -6.57% first-year return on $176k initial cash invested.
-6.57%
Cash On Cash
5.46%
Cap Rate
0.82
DSCR
$5,680
Rent
-$963
Cashflow
Cash Flow
$5,680 income − $6,643 expenses = $963 out of pocket
Investment Breakdown
|
Purchase Price
$752k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$176k
Downpayment
20%
$150k
Closing costs
1%
$7,524
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,680
Total Expenses
$6,643
Mortgage P&I
73%
$4,162
Property Taxes
3%
$180
Home Insurance
5%
$278
HOA
2%
$92
Property Management
12%
$682
CapEx
4%
$227
Vacancy
3%
$170
Maintenance
4%
$227
Other
11%
$625