This property looks like a bad Mid-Term investment with a projected -9.04% first-year return on $178k initial cash invested.
-9.04%
Cash On Cash
4.77%
Cap Rate
0.73
DSCR
$5,326
Rent
-$1,338
Cashflow
Cash Flow
$5,326 income − $6,664 expenses = $1,338 out of pocket
Investment Breakdown
|
Purchase Price
$760k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$178k
Downpayment
20%
$152k
Closing costs
1%
$7,598
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,326
Total Expenses
$6,664
Mortgage P&I
78%
$4,147
Property Taxes
8%
$435
Home Insurance
5%
$271
HOA
0%
$0
Property Management
12%
$639
CapEx
4%
$213
Vacancy
3%
$160
Maintenance
4%
$213
Other
11%
$586