This property looks like a bad Long-Term investment with a projected -11.62% first-year return on $128k initial cash invested.
-11.62%
Cash On Cash
4.37%
Cap Rate
0.69
DSCR
$4,542
Rent
-$1,244
Cashflow
Cash Flow
$4,542 income − $5,786 expenses = $1,244 out of pocket
Investment Breakdown
|
Purchase Price
$612k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$128k
Downpayment
20%
$122k
Closing costs
1%
$6,116
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,542
Total Expenses
$5,786
Mortgage P&I
71%
$3,244
Property Taxes
25%
$1,133
Home Insurance
5%
$228
HOA
0%
$0
Property Management
10%
$454
CapEx
5%
$227
Vacancy
6%
$273
Maintenance
5%
$227
Other
0%
$0