This property looks like a bad Long-Term investment with a projected -16.06% first-year return on $140k initial cash invested.
-16.06%
Cash On Cash
3.37%
Cap Rate
0.52
DSCR
$3,539
Rent
-$1,871
Cashflow
Cash Flow
$3,539 income − $5,410 expenses = $1,871 out of pocket
Investment Breakdown
|
Purchase Price
$666k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$140k
Downpayment
20%
$133k
Closing costs
1%
$6,658
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,539
Total Expenses
$5,410
Mortgage P&I
101%
$3,566
Property Taxes
18%
$634
Home Insurance
6%
$228
HOA
2%
$62
Property Management
10%
$354
CapEx
5%
$177
Vacancy
6%
$212
Maintenance
5%
$177
Other
0%
$0