This property looks like a bad Long-Term investment with a projected -13.93% first-year return on $131k initial cash invested.
-13.93%
Cash On Cash
3.78%
Cap Rate
0.6
DSCR
$3,944
Rent
-$1,524
Cashflow
Cash Flow
$3,944 income − $5,468 expenses = $1,524 out of pocket
Investment Breakdown
|
Purchase Price
$625k
Downpayment
20.0%
Interest Rate
6.9%
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
$3,944
Total Expenses
$5,468
Mortgage P&I
84%
$3,297
Property Taxes
24%
$927
Home Insurance
6%
$219
HOA
0%
$0
Property Management
10%
$394
CapEx
5%
$197
Vacancy
6%
$237
Maintenance
5%
$197
Other
0%
$0