This property looks like a bad Long-Term investment with a projected -16.86% first-year return on $137k initial cash invested.
-16.86%
Cash On Cash
3.32%
Cap Rate
0.51
DSCR
$3,380
Rent
-$1,925
Cashflow
Cash Flow
$3,380 income − $5,305 expenses = $1,925 out of pocket
Investment Breakdown
|
Purchase Price
$652k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$137k
Downpayment
20%
$130k
Closing costs
1%
$6,523
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,380
Total Expenses
$5,305
Mortgage P&I
105%
$3,560
Property Taxes
17%
$588
Home Insurance
8%
$278
HOA
0%
$0
Property Management
10%
$338
CapEx
5%
$169
Vacancy
6%
$203
Maintenance
5%
$169
Other
0%
$0