This property looks like a bad Mid-Term investment with a projected -9.14% first-year return on $176k initial cash invested.
-9.14%
Cash On Cash
4.88%
Cap Rate
0.73
DSCR
$5,370
Rent
-$1,336
Cashflow
Cash Flow
$5,370 income − $6,706 expenses = $1,336 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
$5,370
Total Expenses
$6,706
Mortgage P&I
78%
$4,171
Property Taxes
5%
$248
Home Insurance
5%
$262
HOA
4%
$199
Property Management
12%
$644
CapEx
4%
$215
Vacancy
3%
$161
Maintenance
4%
$215
Other
11%
$591