This property looks like a bad Mid-Term investment with a projected -7.75% first-year return on $175k initial cash invested.
-7.75%
Cash On Cash
5.16%
Cap Rate
0.78
DSCR
$5,870
Rent
-$1,133
Cashflow
Cash Flow
$5,870 income − $7,003 expenses = $1,133 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$175k
Downpayment
20%
$150k
Closing costs
1%
$7,499
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,870
Total Expenses
$7,003
Mortgage P&I
70%
$4,121
Property Taxes
11%
$624
Home Insurance
4%
$262
HOA
0%
$0
Property Management
12%
$704
CapEx
4%
$235
Vacancy
3%
$176
Maintenance
4%
$235
Other
11%
$646