This property looks like a bad Long-Term investment with a projected -7.54% first-year return on $136k initial cash invested.
-7.54%
Cash On Cash
5.41%
Cap Rate
0.83
DSCR
$4,897
Rent
-$856
Cashflow
Cash Flow
$4,897 income − $5,753 expenses = $856 out of pocket
Investment Breakdown
|
Purchase Price
$649k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$130k
Closing costs
1%
$6,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,897
Total Expenses
$5,753
Mortgage P&I
72%
$3,538
Property Taxes
15%
$714
Home Insurance
5%
$227
HOA
0%
$0
Property Management
10%
$490
CapEx
5%
$245
Vacancy
6%
$294
Maintenance
5%
$245
Other
0%
$0