This property looks like a bad Long-Term investment with a projected -17.02% first-year return on $136k initial cash invested.
-17.02%
Cash On Cash
3.28%
Cap Rate
0.5
DSCR
$3,269
Rent
-$1,925
Cashflow
Cash Flow
$3,269 income − $5,194 expenses = $1,925 out of pocket
Investment Breakdown
|
Purchase Price
$646k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$129k
Closing costs
1%
$6,464
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,269
Total Expenses
$5,194
Mortgage P&I
108%
$3,528
Property Taxes
18%
$589
Home Insurance
7%
$228
HOA
0%
$0
Property Management
10%
$327
CapEx
5%
$163
Vacancy
6%
$196
Maintenance
5%
$163
Other
0%
$0