This property looks like a bad Long-Term investment with a projected -13.61% first-year return on $135k initial cash invested.
-13.61%
Cash On Cash
3.76%
Cap Rate
0.6
DSCR
$3,377
Rent
-$1,527
Cashflow
Cash Flow
$3,377 income − $4,904 expenses = $1,527 out of pocket
Investment Breakdown
|
Purchase Price
$641k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$135k
Downpayment
20%
$128k
Closing costs
1%
$6,412
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,377
Total Expenses
$4,904
Mortgage P&I
100%
$3,369
Property Taxes
13%
$428
Home Insurance
7%
$228
HOA
0%
$0
Property Management
10%
$338
CapEx
5%
$169
Vacancy
6%
$203
Maintenance
5%
$169
Other
0%
$0