This property looks like a bad Mid-Term investment with a projected -8.69% first-year return on $175k initial cash invested.
-8.69%
Cash On Cash
4.49%
Cap Rate
0.73
DSCR
$5,532
Rent
-$1,269
Cashflow
Cash Flow
$5,532 income − $6,801 expenses = $1,269 out of pocket
Investment Breakdown
|
Purchase Price
$749k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$175k
Downpayment
20%
$150k
Closing costs
1%
$7,489
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,532
Total Expenses
$6,801
Mortgage P&I
70%
$3,848
Property Taxes
14%
$768
Home Insurance
5%
$262
HOA
1%
$42
Property Management
12%
$664
CapEx
4%
$221
Vacancy
3%
$166
Maintenance
4%
$221
Other
11%
$609