This property looks like a bad Long-Term investment with a projected -11.22% first-year return on $131k initial cash invested.
-11.22%
Cash On Cash
4.15%
Cap Rate
0.67
DSCR
$3,648
Rent
-$1,227
Cashflow
Cash Flow
$3,648 income − $4,875 expenses = $1,227 out of pocket
Investment Breakdown
|
Purchase Price
$625k
Downpayment
20.0%
Interest Rate
6.6%
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
$3,648
Total Expenses
$4,875
Mortgage P&I
88%
$3,206
Property Taxes
14%
$502
Home Insurance
6%
$219
HOA
0%
$0
Property Management
10%
$365
CapEx
5%
$182
Vacancy
6%
$219
Maintenance
5%
$182
Other
0%
$0