This property looks like a bad Mid-Term investment with a projected -21.27% first-year return on $175k initial cash invested.
-21.27%
Cash On Cash
1.73%
Cap Rate
0.27
DSCR
$2,646
Rent
-$3,110
Cashflow
Cash Flow
$2,646 income − $5,756 expenses = $3,110 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$175k
Downpayment
20%
$150k
Closing costs
1%
$7,499
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$2,646
Total Expenses
$5,756
Mortgage P&I
155%
$4,088
Property Taxes
19%
$506
Home Insurance
10%
$262
HOA
0%
$0
Property Management
12%
$318
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$291