This property looks like a bad Long-Term investment with a projected -18.65% first-year return on $131k initial cash invested.
-18.65%
Cash On Cash
3.1%
Cap Rate
0.46
DSCR
$2,794
Rent
-$2,040
Cashflow
Cash Flow
$2,794 income − $4,834 expenses = $2,040 out of pocket
Investment Breakdown
|
Purchase Price
$625k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$125k
Closing costs
1%
$6,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,794
Total Expenses
$4,834
Mortgage P&I
126%
$3,512
Property Taxes
12%
$331
Home Insurance
8%
$219
HOA
2%
$45
Property Management
10%
$279
CapEx
5%
$140
Vacancy
6%
$168
Maintenance
5%
$140
Other
0%
$0