This property looks like a bad Long-Term investment with a projected -11.55% first-year return on $131k initial cash invested.
-11.55%
Cash On Cash
4.19%
Cap Rate
0.67
DSCR
$4,190
Rent
-$1,264
Cashflow
Cash Flow
$4,190 income − $5,454 expenses = $1,264 out of pocket
Investment Breakdown
|
Purchase Price
$625k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$125k
Closing costs
1%
$6,253
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,190
Total Expenses
$5,454
Mortgage P&I
77%
$3,238
Property Taxes
22%
$902
Home Insurance
5%
$224
HOA
0%
$0
Property Management
10%
$419
CapEx
5%
$210
Vacancy
6%
$251
Maintenance
5%
$210
Other
0%
$0