This property looks like a bad Long-Term investment with a projected -30.6% first-year return on $136k initial cash invested.
-30.6%
Cash On Cash
-0.01%
Cap Rate
0
DSCR
$1,774
Rent
-$3,480
Cashflow
Cash Flow
$1,774 income − $5,254 expenses = $3,480 out of pocket
Investment Breakdown
|
Purchase Price
$650k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$130k
Closing costs
1%
$6,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,774
Total Expenses
$5,254
Mortgage P&I
191%
$3,385
Property Taxes
67%
$1,180
Home Insurance
13%
$228
HOA
0%
$0
Property Management
10%
$177
CapEx
5%
$89
Vacancy
6%
$106
Maintenance
5%
$89
Other
0%
$0