This property looks like a bad Mid-Term investment with a projected -7.08% first-year return on $176k initial cash invested.
-7.08%
Cash On Cash
5.04%
Cap Rate
0.8
DSCR
$5,626
Rent
-$1,036
Cashflow
Cash Flow
$5,626 income − $6,662 expenses = $1,036 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.9%
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
$5,626
Total Expenses
$6,662
Mortgage P&I
70%
$3,964
Property Taxes
9%
$523
Home Insurance
5%
$262
HOA
0%
$0
Property Management
12%
$675
CapEx
4%
$225
Vacancy
3%
$169
Maintenance
4%
$225
Other
11%
$619