This property looks like a bad Long-Term investment with a projected -18.05% first-year return on $131k initial cash invested.
-18.05%
Cash On Cash
3.12%
Cap Rate
0.48
DSCR
$3,617
Rent
-$1,974
Cashflow
Cash Flow
$3,617 income − $5,591 expenses = $1,974 out of pocket
Investment Breakdown
|
Purchase Price
$625k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$125k
Closing costs
1%
$6,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,617
Total Expenses
$5,591
Mortgage P&I
95%
$3,418
Property Taxes
28%
$1,013
Home Insurance
6%
$219
HOA
0%
$0
Property Management
10%
$362
CapEx
5%
$181
Vacancy
6%
$217
Maintenance
5%
$181
Other
0%
$0