This property looks like a bad Mid-Term investment with a projected -7.39% first-year return on $176k initial cash invested.
-7.39%
Cash On Cash
5.2%
Cap Rate
0.79
DSCR
$5,686
Rent
-$1,081
Cashflow
Cash Flow
$5,686 income − $6,767 expenses = $1,081 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.3%
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
$5,686
Total Expenses
$6,767
Mortgage P&I
72%
$4,103
Property Taxes
8%
$470
Home Insurance
5%
$262
HOA
0%
$0
Property Management
12%
$682
CapEx
4%
$227
Vacancy
3%
$171
Maintenance
4%
$227
Other
11%
$625