This property looks like a bad Long-Term investment with a projected -5.72% first-year return on $140k initial cash invested.
-5.72%
Cash On Cash
5.8%
Cap Rate
0.88
DSCR
$4,865
Rent
-$667
Cashflow
Cash Flow
$4,865 income − $5,532 expenses = $667 out of pocket
Investment Breakdown
|
Purchase Price
$667k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$140k
Downpayment
20%
$133k
Closing costs
1%
$6,667
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,865
Total Expenses
$5,532
Mortgage P&I
75%
$3,646
Property Taxes
8%
$377
Home Insurance
5%
$245
HOA
0%
$0
Property Management
10%
$486
CapEx
5%
$243
Vacancy
6%
$292
Maintenance
5%
$243
Other
0%
$0