This property looks like a bad Long-Term investment with a projected -19.68% first-year return on $136k initial cash invested.
-19.68%
Cash On Cash
2.64%
Cap Rate
0.4
DSCR
$2,709
Rent
-$2,223
Cashflow
Cash Flow
$2,709 income − $4,932 expenses = $2,223 out of pocket
Investment Breakdown
|
Purchase Price
$646k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$129k
Closing costs
1%
$6,456
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,709
Total Expenses
$4,932
Mortgage P&I
130%
$3,509
Property Taxes
19%
$506
Home Insurance
8%
$213
HOA
0%
$0
Property Management
10%
$271
CapEx
5%
$135
Vacancy
6%
$163
Maintenance
5%
$135
Other
0%
$0