This property looks like a bad Mid-Term investment with a projected -12.77% first-year return on $182k initial cash invested.
-12.77%
Cash On Cash
4.04%
Cap Rate
0.6
DSCR
$5,470
Rent
-$1,932
Cashflow
Cash Flow
$5,470 income − $7,402 expenses = $1,932 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$182k
Downpayment
20%
$150k
Closing costs
1%
$7,502
Rehab
0%
$0
Furnishing
3%
$24,000
Cashflow
Total Income
$5,470
Total Expenses
$7,402
Mortgage P&I
78%
$4,240
Property Taxes
19%
$1,038
Home Insurance
5%
$263
HOA
0%
$1
Property Management
12%
$656
CapEx
4%
$219
Vacancy
3%
$164
Maintenance
4%
$219
Other
11%
$602