This property looks like a bad Mid-Term investment with a projected -16.68% first-year return on $176k initial cash invested.
-16.68%
Cash On Cash
2.85%
Cap Rate
0.44
DSCR
$3,606
Rent
-$2,440
Cashflow
Cash Flow
$3,606 income − $6,046 expenses = $2,440 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.2%
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
$3,606
Total Expenses
$6,046
Mortgage P&I
113%
$4,080
Property Taxes
13%
$478
Home Insurance
7%
$262
HOA
0%
$0
Property Management
12%
$433
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$397