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
4.43%
Cap Rate
0.68
DSCR
$3,445
Rent
-$1,263
Cashflow
Cash Flow
$3,445 income − $4,708 expenses = $1,263 out of pocket
Investment Breakdown
|
Purchase Price
$625k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$125k
Closing costs
1%
$6,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,445
Total Expenses
$4,708
Mortgage P&I
99%
$3,397
Property Taxes
0%
$7
Home Insurance
6%
$219
HOA
6%
$190
Property Management
10%
$344
CapEx
5%
$172
Vacancy
6%
$207
Maintenance
5%
$172
Other
0%
$0