This property looks like a bad Long-Term investment with a projected -16.67% first-year return on $140k initial cash invested.
-16.67%
Cash On Cash
3.21%
Cap Rate
0.5
DSCR
$3,286
Rent
-$1,949
Cashflow
Cash Flow
$3,286 income − $5,235 expenses = $1,949 out of pocket
Investment Breakdown
|
Purchase Price
$668k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$140k
Downpayment
20%
$134k
Closing costs
1%
$6,680
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,286
Total Expenses
$5,235
Mortgage P&I
109%
$3,571
Property Taxes
18%
$576
Home Insurance
7%
$234
HOA
0%
$0
Property Management
10%
$329
CapEx
5%
$164
Vacancy
6%
$197
Maintenance
5%
$164
Other
0%
$0