This property looks like a bad Long-Term investment with a projected -19.04% first-year return on $132k initial cash invested.
-19.04%
Cash On Cash
3.03%
Cap Rate
0.44
DSCR
$2,307
Rent
-$2,096
Cashflow
Cash Flow
$2,307 income − $4,403 expenses = $2,096 out of pocket
Investment Breakdown
|
Purchase Price
$629k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$126k
Closing costs
1%
$6,290
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,307
Total Expenses
$4,403
Mortgage P&I
155%
$3,569
Property Taxes
1%
$15
Home Insurance
10%
$220
HOA
0%
$0
Property Management
10%
$231
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0