This property looks like a bad Mid-Term investment with a projected -11.78% first-year return on $176k initial cash invested.
-11.78%
Cash On Cash
4.05%
Cap Rate
0.62
DSCR
$5,022
Rent
-$1,723
Cashflow
Cash Flow
$5,022 income − $6,745 expenses = $1,723 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.2%
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
$5,022
Total Expenses
$6,745
Mortgage P&I
81%
$4,054
Property Taxes
14%
$721
Home Insurance
5%
$262
HOA
0%
$0
Property Management
12%
$603
CapEx
4%
$201
Vacancy
3%
$151
Maintenance
4%
$201
Other
11%
$552