This property looks like a bad Long-Term investment with a projected -18.08% first-year return on $137k initial cash invested.
-18.08%
Cash On Cash
2.9%
Cap Rate
0.45
DSCR
$2,547
Rent
-$2,065
Cashflow
Cash Flow
$2,547 income − $4,612 expenses = $2,065 out of pocket
Investment Breakdown
|
Purchase Price
$653k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$137k
Downpayment
20%
$131k
Closing costs
1%
$6,526
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,547
Total Expenses
$4,612
Mortgage P&I
138%
$3,513
Property Taxes
7%
$170
Home Insurance
9%
$234
HOA
1%
$33
Property Management
10%
$255
CapEx
5%
$127
Vacancy
6%
$153
Maintenance
5%
$127
Other
0%
$0