This property looks like a bad Mid-Term investment with a projected -12.56% first-year return on $176k initial cash invested.
-12.56%
Cash On Cash
3.44%
Cap Rate
0.57
DSCR
$4,764
Rent
-$1,842
Cashflow
Cash Flow
$4,764 income − $6,606 expenses = $1,842 out of pocket
Investment Breakdown
|
Purchase Price
$753k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$176k
Downpayment
20%
$151k
Closing costs
1%
$7,526
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,764
Total Expenses
$6,606
Mortgage P&I
80%
$3,806
Property Taxes
19%
$917
Home Insurance
6%
$262
HOA
0%
$0
Property Management
12%
$572
CapEx
4%
$191
Vacancy
3%
$143
Maintenance
4%
$191
Other
11%
$524