This property looks like a bad Long-Term investment with a projected -9.67% first-year return on $143k initial cash invested.
-9.67%
Cash On Cash
5.28%
Cap Rate
0.77
DSCR
$5,417
Rent
-$1,153
Cashflow
Cash Flow
$5,417 income − $6,570 expenses = $1,153 out of pocket
Investment Breakdown
|
Purchase Price
$681k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$143k
Downpayment
20%
$136k
Closing costs
1%
$6,814
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,417
Total Expenses
$6,570
Mortgage P&I
72%
$3,881
Property Taxes
19%
$1,038
Home Insurance
4%
$242
HOA
0%
$0
Property Management
10%
$542
CapEx
5%
$271
Vacancy
6%
$325
Maintenance
5%
$271
Other
0%
$0