This property looks like a bad Long-Term investment with a projected -12.44% first-year return on $136k initial cash invested.
-12.44%
Cash On Cash
4.23%
Cap Rate
0.66
DSCR
$4,342
Rent
-$1,408
Cashflow
Cash Flow
$4,342 income − $5,750 expenses = $1,408 out of pocket
Investment Breakdown
|
Purchase Price
$647k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$129k
Closing costs
1%
$6,470
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,342
Total Expenses
$5,750
Mortgage P&I
80%
$3,470
Property Taxes
16%
$707
Home Insurance
6%
$254
HOA
4%
$190
Property Management
10%
$434
CapEx
5%
$217
Vacancy
6%
$261
Maintenance
5%
$217
Other
0%
$0