This property looks like a bad Mid-Term investment with a projected -11.16% first-year return on $176k initial cash invested.
-11.16%
Cash On Cash
4.18%
Cap Rate
0.65
DSCR
$5,169
Rent
-$1,635
Cashflow
Cash Flow
$5,169 income − $6,804 expenses = $1,635 out of pocket
Investment Breakdown
|
Purchase Price
$752k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$176k
Downpayment
20%
$150k
Closing costs
1%
$7,518
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,169
Total Expenses
$6,804
Mortgage P&I
78%
$4,048
Property Taxes
14%
$730
Home Insurance
5%
$268
HOA
0%
$0
Property Management
12%
$620
CapEx
4%
$207
Vacancy
3%
$155
Maintenance
4%
$207
Other
11%
$569