This property looks like a bad Long-Term investment with a projected -11.73% first-year return on $131k initial cash invested.
-11.73%
Cash On Cash
4.32%
Cap Rate
0.67
DSCR
$3,287
Rent
-$1,283
Cashflow
Cash Flow
$3,287 income − $4,570 expenses = $1,283 out of pocket
Investment Breakdown
|
Purchase Price
$625k
Downpayment
20.0%
Interest Rate
7.1%
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
$3,287
Total Expenses
$4,570
Mortgage P&I
102%
$3,368
Property Taxes
1%
$39
Home Insurance
7%
$219
HOA
3%
$90
Property Management
10%
$329
CapEx
5%
$164
Vacancy
6%
$197
Maintenance
5%
$164
Other
0%
$0