This property looks like a bad Long-Term investment with a projected -15.37% first-year return on $130k initial cash invested.
-15.37%
Cash On Cash
3.55%
Cap Rate
0.55
DSCR
$3,086
Rent
-$1,660
Cashflow
Cash Flow
$3,086 income − $4,746 expenses = $1,660 out of pocket
Investment Breakdown
|
Purchase Price
$617k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$123k
Closing costs
1%
$6,171
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,086
Total Expenses
$4,746
Mortgage P&I
108%
$3,333
Property Taxes
13%
$415
Home Insurance
6%
$196
HOA
0%
$0
Property Management
10%
$309
CapEx
5%
$154
Vacancy
6%
$185
Maintenance
5%
$154
Other
0%
$0