This property looks like a bad Long-Term investment with a projected -10.31% first-year return on $136k initial cash invested.
-10.31%
Cash On Cash
4.33%
Cap Rate
0.71
DSCR
$4,298
Rent
-$1,164
Cashflow
Cash Flow
$4,298 income − $5,462 expenses = $1,164 out of pocket
Investment Breakdown
|
Purchase Price
$645k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$129k
Closing costs
1%
$6,454
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,298
Total Expenses
$5,462
Mortgage P&I
76%
$3,278
Property Taxes
20%
$856
Home Insurance
5%
$210
HOA
0%
$0
Property Management
10%
$430
CapEx
5%
$215
Vacancy
6%
$258
Maintenance
5%
$215
Other
0%
$0