This property looks like a bad Long-Term investment with a projected -10.98% first-year return on $138k initial cash invested.
-10.98%
Cash On Cash
4.16%
Cap Rate
0.69
DSCR
$4,377
Rent
-$1,264
Cashflow
Cash Flow
$4,377 income − $5,641 expenses = $1,264 out of pocket
Investment Breakdown
|
Purchase Price
$658k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$138k
Downpayment
20%
$132k
Closing costs
1%
$6,581
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,377
Total Expenses
$5,641
Mortgage P&I
76%
$3,324
Property Taxes
22%
$968
Home Insurance
5%
$210
HOA
0%
$0
Property Management
10%
$438
CapEx
5%
$219
Vacancy
6%
$263
Maintenance
5%
$219
Other
0%
$0