This property looks like a bad Mid-Term investment with a projected -16.77% first-year return on $176k initial cash invested.
-16.77%
Cash On Cash
2.6%
Cap Rate
0.41
DSCR
$3,237
Rent
-$2,452
Cashflow
Cash Flow
$3,237 income − $5,689 expenses = $2,452 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.9%
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
$3,237
Total Expenses
$5,689
Mortgage P&I
122%
$3,949
Property Taxes
12%
$379
Home Insurance
8%
$262
HOA
0%
$0
Property Management
12%
$388
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$356