This property looks like a bad Long-Term investment with a projected -9.43% first-year return on $131k initial cash invested.
-9.43%
Cash On Cash
5.02%
Cap Rate
0.76
DSCR
$3,827
Rent
-$1,032
Cashflow
Cash Flow
$3,827 income − $4,859 expenses = $1,032 out of pocket
Investment Breakdown
|
Purchase Price
$625k
Downpayment
20.0%
Interest Rate
7.4%
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
$3,827
Total Expenses
$4,859
Mortgage P&I
90%
$3,457
Property Taxes
5%
$181
Home Insurance
6%
$226
HOA
0%
$0
Property Management
10%
$383
CapEx
5%
$191
Vacancy
6%
$230
Maintenance
5%
$191
Other
0%
$0