This property looks like a bad Mid-Term investment with a projected -8.27% first-year return on $175k initial cash invested.
-8.27%
Cash On Cash
4.46%
Cap Rate
0.73
DSCR
$4,917
Rent
-$1,209
Cashflow
Cash Flow
$4,917 income − $6,126 expenses = $1,209 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$175k
Downpayment
20%
$150k
Closing costs
1%
$7,497
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,917
Total Expenses
$6,126
Mortgage P&I
77%
$3,800
Property Taxes
8%
$393
Home Insurance
5%
$260
HOA
0%
$0
Property Management
12%
$590
CapEx
4%
$197
Vacancy
3%
$148
Maintenance
4%
$197
Other
11%
$541