This property looks like a bad Mid-Term investment with a projected -12.92% first-year return on $176k initial cash invested.
-12.92%
Cash On Cash
3.36%
Cap Rate
0.55
DSCR
$4,130
Rent
-$1,889
Cashflow
Cash Flow
$4,130 income − $6,019 expenses = $1,889 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.6%
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
$4,130
Total Expenses
$6,019
Mortgage P&I
93%
$3,824
Property Taxes
13%
$529
Home Insurance
6%
$262
HOA
0%
$0
Property Management
12%
$496
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$454