This property looks like a bad Long-Term investment with a projected -15.95% first-year return on $149k initial cash invested.
-15.95%
Cash On Cash
3.56%
Cap Rate
0.54
DSCR
$4,063
Rent
-$1,982
Cashflow
Cash Flow
$4,063 income − $6,045 expenses = $1,982 out of pocket
Investment Breakdown
|
Purchase Price
$710k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$149k
Downpayment
20%
$142k
Closing costs
1%
$7,100
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,063
Total Expenses
$6,045
Mortgage P&I
96%
$3,885
Property Taxes
15%
$627
Home Insurance
6%
$248
HOA
6%
$229
Property Management
10%
$406
CapEx
5%
$203
Vacancy
6%
$244
Maintenance
5%
$203
Other
0%
$0