This property looks like a bad Long-Term investment with a projected -21.13% first-year return on $142k initial cash invested.
-21.13%
Cash On Cash
2.01%
Cap Rate
0.32
DSCR
$2,475
Rent
-$2,504
Cashflow
Cash Flow
$2,475 income − $4,979 expenses = $2,504 out of pocket
Investment Breakdown
|
Purchase Price
$677k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$142k
Downpayment
20%
$135k
Closing costs
1%
$6,771
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,475
Total Expenses
$4,979
Mortgage P&I
142%
$3,513
Property Taxes
23%
$579
Home Insurance
10%
$243
HOA
0%
$0
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$148
Maintenance
5%
$124
Other
0%
$0