This property looks like a bad Mid-Term investment with a projected -0.25% first-year return on $175k initial cash invested.
-0.25%
Cash On Cash
6.83%
Cap Rate
1.07
DSCR
$7,484
Rent
-$37
Cashflow
Cash Flow
$7,484 income − $7,521 expenses = $37 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
$7,484
Total Expenses
$7,521
Mortgage P&I
54%
$4,009
Property Taxes
9%
$706
Home Insurance
4%
$262
HOA
0%
$0
Property Management
12%
$898
CapEx
4%
$299
Vacancy
3%
$225
Maintenance
4%
$299
Other
11%
$823