This property looks like a bad Long-Term investment with a projected -16.71% first-year return on $141k initial cash invested.
-16.71%
Cash On Cash
3.19%
Cap Rate
0.5
DSCR
$3,316
Rent
-$1,957
Cashflow
Cash Flow
$3,316 income − $5,273 expenses = $1,957 out of pocket
Investment Breakdown
|
Purchase Price
$669k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$141k
Downpayment
20%
$134k
Closing costs
1%
$6,693
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,316
Total Expenses
$5,273
Mortgage P&I
108%
$3,571
Property Taxes
18%
$601
Home Insurance
7%
$238
HOA
0%
$0
Property Management
10%
$332
CapEx
5%
$166
Vacancy
6%
$199
Maintenance
5%
$166
Other
0%
$0