This property looks like a bad Mid-Term investment with a projected -8.31% first-year return on $176k initial cash invested.
-8.31%
Cash On Cash
4.52%
Cap Rate
0.74
DSCR
$5,234
Rent
-$1,215
Cashflow
Cash Flow
$5,234 income − $6,449 expenses = $1,215 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
$5,234
Total Expenses
$6,449
Mortgage P&I
73%
$3,828
Property Taxes
11%
$580
Home Insurance
5%
$262
HOA
0%
$0
Property Management
12%
$628
CapEx
4%
$209
Vacancy
3%
$157
Maintenance
4%
$209
Other
11%
$576