This property looks like a bad Long-Term investment with a projected -19.31% first-year return on $136k initial cash invested.
-19.31%
Cash On Cash
2.83%
Cap Rate
0.43
DSCR
$2,800
Rent
-$2,191
Cashflow
Cash Flow
$2,800 income − $4,991 expenses = $2,191 out of pocket
Investment Breakdown
|
Purchase Price
$648k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$130k
Closing costs
1%
$6,483
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,800
Total Expenses
$4,991
Mortgage P&I
128%
$3,579
Property Taxes
15%
$417
Home Insurance
8%
$227
HOA
1%
$40
Property Management
10%
$280
CapEx
5%
$140
Vacancy
6%
$168
Maintenance
5%
$140
Other
0%
$0