This property looks like a bad Mid-Term investment with a projected -18.76% first-year return on $176k initial cash invested.
-18.76%
Cash On Cash
2.08%
Cap Rate
0.33
DSCR
$2,690
Rent
-$2,744
Cashflow
Cash Flow
$2,690 income − $5,434 expenses = $2,744 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.8%
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
$2,690
Total Expenses
$5,434
Mortgage P&I
146%
$3,933
Property Taxes
12%
$323
Home Insurance
10%
$262
HOA
0%
$0
Property Management
12%
$323
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$296