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
4.21%
Cap Rate
0.67
DSCR
$3,816
Rent
-$1,283
Cashflow
Cash Flow
$3,816 income − $5,099 expenses = $1,283 out of pocket
Investment Breakdown
|
Purchase Price
$625k
Downpayment
20.0%
Interest Rate
6.9%
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
$3,816
Total Expenses
$5,099
Mortgage P&I
86%
$3,283
Property Taxes
16%
$604
Home Insurance
6%
$219
HOA
0%
$0
Property Management
10%
$382
CapEx
5%
$191
Vacancy
6%
$229
Maintenance
5%
$191
Other
0%
$0