This property looks like a bad Long-Term investment with a projected -13.06% first-year return on $143k initial cash invested.
-13.06%
Cash On Cash
4.19%
Cap Rate
0.64
DSCR
$4,321
Rent
-$1,554
Cashflow
Cash Flow
$4,321 income − $5,875 expenses = $1,554 out of pocket
Investment Breakdown
|
Purchase Price
$680k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$143k
Downpayment
20%
$136k
Closing costs
1%
$6,798
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,321
Total Expenses
$5,875
Mortgage P&I
86%
$3,711
Property Taxes
18%
$799
Home Insurance
6%
$242
HOA
0%
$0
Property Management
10%
$432
CapEx
5%
$216
Vacancy
6%
$259
Maintenance
5%
$216
Other
0%
$0