This property looks like a bad Mid-Term investment with a projected -19.09% first-year return on $176k initial cash invested.
-19.09%
Cash On Cash
2.12%
Cap Rate
0.33
DSCR
$3,374
Rent
-$2,792
Cashflow
Cash Flow
$3,374 income − $6,166 expenses = $2,792 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,374
Total Expenses
$6,166
Mortgage P&I
118%
$3,985
Property Taxes
20%
$672
Home Insurance
8%
$262
HOA
3%
$100
Property Management
12%
$405
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$371