This property looks like a bad Mid-Term investment with a projected -13.65% first-year return on $176k initial cash invested.
-13.65%
Cash On Cash
3.57%
Cap Rate
0.55
DSCR
$4,258
Rent
-$1,997
Cashflow
Cash Flow
$4,258 income − $6,255 expenses = $1,997 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.2%
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
$4,258
Total Expenses
$6,255
Mortgage P&I
95%
$4,059
Property Taxes
11%
$487
Home Insurance
6%
$262
HOA
0%
$0
Property Management
12%
$511
CapEx
4%
$170
Vacancy
3%
$128
Maintenance
4%
$170
Other
11%
$468