This property looks like a bad Mid-Term investment with a projected -16.6% first-year return on $175k initial cash invested.
-16.6%
Cash On Cash
2.77%
Cap Rate
0.43
DSCR
$3,765
Rent
-$2,428
Cashflow
Cash Flow
$3,765 income − $6,193 expenses = $2,428 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,765
Total Expenses
$6,193
Mortgage P&I
106%
$4,008
Property Taxes
17%
$630
Home Insurance
6%
$236
HOA
1%
$38
Property Management
12%
$452
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$414