This property looks like a bad Long-Term investment with a projected -4.12% first-year return on $136k initial cash invested.
-4.12%
Cash On Cash
5.87%
Cap Rate
0.93
DSCR
$4,717
Rent
-$466
Cashflow
Cash Flow
$4,717 income − $5,183 expenses = $466 out of pocket
Investment Breakdown
|
Purchase Price
$646k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$129k
Closing costs
1%
$6,462
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,717
Total Expenses
$5,183
Mortgage P&I
72%
$3,392
Property Taxes
6%
$280
Home Insurance
5%
$234
HOA
1%
$50
Property Management
10%
$472
CapEx
5%
$236
Vacancy
6%
$283
Maintenance
5%
$236
Other
0%
$0