This property looks like a bad Mid-Term investment with a projected -18.79% first-year return on $176k initial cash invested.
-18.79%
Cash On Cash
2.45%
Cap Rate
0.37
DSCR
$3,050
Rent
-$2,748
Cashflow
Cash Flow
$3,050 income − $5,798 expenses = $2,748 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.4%
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
$3,050
Total Expenses
$5,798
Mortgage P&I
136%
$4,158
Property Taxes
11%
$340
Home Insurance
9%
$262
HOA
0%
$0
Property Management
12%
$366
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$336