This property looks like a bad Long-Term investment with a projected -15.61% first-year return on $145k initial cash invested.
-15.61%
Cash On Cash
3.45%
Cap Rate
0.54
DSCR
$3,546
Rent
-$1,882
Cashflow
Cash Flow
$3,546 income − $5,428 expenses = $1,882 out of pocket
Investment Breakdown
|
Purchase Price
$689k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$145k
Downpayment
20%
$138k
Closing costs
1%
$6,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,546
Total Expenses
$5,428
Mortgage P&I
104%
$3,686
Property Taxes
16%
$579
Home Insurance
7%
$241
HOA
0%
$0
Property Management
10%
$355
CapEx
5%
$177
Vacancy
6%
$213
Maintenance
5%
$177
Other
0%
$0