This property looks like a bad Long-Term investment with a projected -7.17% first-year return on $140k initial cash invested.
-7.17%
Cash On Cash
4.96%
Cap Rate
0.82
DSCR
$4,467
Rent
-$834
Cashflow
Cash Flow
$4,467 income − $5,301 expenses = $834 out of pocket
Investment Breakdown
|
Purchase Price
$665k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$140k
Downpayment
20%
$133k
Closing costs
1%
$6,647
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,467
Total Expenses
$5,301
Mortgage P&I
75%
$3,360
Property Taxes
12%
$544
Home Insurance
5%
$236
HOA
0%
$0
Property Management
10%
$447
CapEx
5%
$223
Vacancy
6%
$268
Maintenance
5%
$223
Other
0%
$0