This property looks like a bad Long-Term investment with a projected -18.53% first-year return on $136k initial cash invested.
-18.53%
Cash On Cash
3.09%
Cap Rate
0.47
DSCR
$3,682
Rent
-$2,107
Cashflow
Cash Flow
$3,682 income − $5,789 expenses = $2,107 out of pocket
Investment Breakdown
|
Purchase Price
$650k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$130k
Closing costs
1%
$6,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,682
Total Expenses
$5,789
Mortgage P&I
98%
$3,595
Property Taxes
27%
$1,009
Home Insurance
6%
$228
HOA
0%
$0
Property Management
10%
$368
CapEx
5%
$184
Vacancy
6%
$221
Maintenance
5%
$184
Other
0%
$0