This property looks like a bad Long-Term investment with a projected -15.53% first-year return on $140k initial cash invested.
-15.53%
Cash On Cash
3.57%
Cap Rate
0.55
DSCR
$3,632
Rent
-$1,807
Cashflow
Cash Flow
$3,632 income − $5,439 expenses = $1,807 out of pocket
Investment Breakdown
|
Purchase Price
$665k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$140k
Downpayment
20%
$133k
Closing costs
1%
$6,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,632
Total Expenses
$5,439
Mortgage P&I
99%
$3,602
Property Taxes
18%
$659
Home Insurance
6%
$233
HOA
0%
$0
Property Management
10%
$363
CapEx
5%
$182
Vacancy
6%
$218
Maintenance
5%
$182
Other
0%
$0