This property looks like a bad Long-Term investment with a projected -14.05% first-year return on $135k initial cash invested.
-14.05%
Cash On Cash
3.89%
Cap Rate
0.6
DSCR
$3,623
Rent
-$1,576
Cashflow
Cash Flow
$3,623 income − $5,199 expenses = $1,576 out of pocket
Investment Breakdown
|
Purchase Price
$641k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$135k
Downpayment
20%
$128k
Closing costs
1%
$6,411
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,623
Total Expenses
$5,199
Mortgage P&I
96%
$3,472
Property Taxes
15%
$558
Home Insurance
6%
$228
HOA
0%
$0
Property Management
10%
$362
CapEx
5%
$181
Vacancy
6%
$217
Maintenance
5%
$181
Other
0%
$0