This property looks like a bad Mid-Term investment with a projected -10.17% first-year return on $175k initial cash invested.
-10.17%
Cash On Cash
4.46%
Cap Rate
0.69
DSCR
$5,362
Rent
-$1,487
Cashflow
Cash Flow
$5,362 income − $6,849 expenses = $1,487 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$175k
Downpayment
20%
$150k
Closing costs
1%
$7,498
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,362
Total Expenses
$6,849
Mortgage P&I
76%
$4,061
Property Taxes
13%
$704
Home Insurance
5%
$262
HOA
0%
$0
Property Management
12%
$643
CapEx
4%
$214
Vacancy
3%
$161
Maintenance
4%
$214
Other
11%
$590