This property looks like a bad Mid-Term investment with a projected -14.86% first-year return on $176k initial cash invested.
-14.86%
Cash On Cash
3.44%
Cap Rate
0.52
DSCR
$4,294
Rent
-$2,173
Cashflow
Cash Flow
$4,294 income − $6,467 expenses = $2,173 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
$4,294
Total Expenses
$6,467
Mortgage P&I
97%
$4,153
Property Taxes
12%
$503
Home Insurance
6%
$276
HOA
2%
$75
Property Management
12%
$515
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$472