This property looks like a bad Long-Term investment with a projected -25.83% first-year return on $143k initial cash invested.
-25.83%
Cash On Cash
1.32%
Cap Rate
0.2
DSCR
$1,784
Rent
-$3,068
Cashflow
Cash Flow
$1,784 income − $4,852 expenses = $3,068 out of pocket
Investment Breakdown
|
Purchase Price
$679k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$143k
Downpayment
20%
$136k
Closing costs
1%
$6,788
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,784
Total Expenses
$4,852
Mortgage P&I
209%
$3,727
Property Taxes
23%
$408
Home Insurance
14%
$254
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0