This property looks like a bad Long-Term investment with a projected -16.94% first-year return on $140k initial cash invested.
-16.94%
Cash On Cash
2.71%
Cap Rate
0.45
DSCR
$3,115
Rent
-$1,975
Cashflow
Cash Flow
$3,115 income − $5,090 expenses = $1,975 out of pocket
Investment Breakdown
|
Purchase Price
$666k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$140k
Downpayment
20%
$133k
Closing costs
1%
$6,663
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,115
Total Expenses
$5,090
Mortgage P&I
107%
$3,325
Property Taxes
19%
$600
Home Insurance
8%
$234
HOA
4%
$120
Property Management
10%
$312
CapEx
5%
$156
Vacancy
6%
$187
Maintenance
5%
$156
Other
0%
$0