This property looks like a bad Mid-Term investment with a projected -11.17% first-year return on $176k initial cash invested.
-11.17%
Cash On Cash
3.84%
Cap Rate
0.63
DSCR
$5,184
Rent
-$1,634
Cashflow
Cash Flow
$5,184 income − $6,818 expenses = $1,634 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.6%
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
$5,184
Total Expenses
$6,818
Mortgage P&I
74%
$3,826
Property Taxes
18%
$947
Home Insurance
5%
$262
HOA
0%
$21
Property Management
12%
$622
CapEx
4%
$207
Vacancy
3%
$156
Maintenance
4%
$207
Other
11%
$570