This property looks like a bad Long-Term investment with a projected -4.86% first-year return on $142k initial cash invested.
-4.86%
Cash On Cash
5.83%
Cap Rate
0.91
DSCR
$4,689
Rent
-$574
Cashflow
Cash Flow
$4,689 income − $5,263 expenses = $574 out of pocket
Investment Breakdown
|
Purchase Price
$675k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$142k
Downpayment
20%
$135k
Closing costs
1%
$6,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,689
Total Expenses
$5,263
Mortgage P&I
77%
$3,618
Property Taxes
4%
$191
Home Insurance
5%
$236
HOA
0%
$0
Property Management
10%
$469
CapEx
5%
$234
Vacancy
6%
$281
Maintenance
5%
$234
Other
0%
$0