This property looks like a bad Long-Term investment with a projected -18.16% first-year return on $131k initial cash invested.
-18.16%
Cash On Cash
2.82%
Cap Rate
0.45
DSCR
$3,373
Rent
-$1,986
Cashflow
Cash Flow
$3,373 income − $5,359 expenses = $1,986 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
$3,373
Total Expenses
$5,359
Mortgage P&I
97%
$3,288
Property Taxes
29%
$975
Home Insurance
6%
$219
HOA
0%
$0
Property Management
10%
$337
CapEx
5%
$169
Vacancy
6%
$202
Maintenance
5%
$169
Other
0%
$0