This property looks like a bad Long-Term investment with a projected -11.81% first-year return on $132k initial cash invested.
-11.81%
Cash On Cash
4.52%
Cap Rate
0.68
DSCR
$4,095
Rent
-$1,295
Cashflow
Cash Flow
$4,095 income − $5,390 expenses = $1,295 out of pocket
Investment Breakdown
|
Purchase Price
$627k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$125k
Closing costs
1%
$6,266
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,095
Total Expenses
$5,390
Mortgage P&I
84%
$3,450
Property Taxes
16%
$654
Home Insurance
5%
$220
HOA
0%
$0
Property Management
10%
$410
CapEx
5%
$205
Vacancy
6%
$246
Maintenance
5%
$205
Other
0%
$0