This property looks like a bad Long-Term investment with a projected -16.88% first-year return on $142k initial cash invested.
-16.88%
Cash On Cash
3.47%
Cap Rate
0.52
DSCR
$3,387
Rent
-$1,996
Cashflow
Cash Flow
$3,387 income − $5,383 expenses = $1,996 out of pocket
Investment Breakdown
|
Purchase Price
$676k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$142k
Downpayment
20%
$135k
Closing costs
1%
$6,757
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,387
Total Expenses
$5,383
Mortgage P&I
112%
$3,783
Property Taxes
15%
$504
Home Insurance
6%
$210
HOA
0%
$6
Property Management
10%
$339
CapEx
5%
$169
Vacancy
6%
$203
Maintenance
5%
$169
Other
0%
$0