This property looks like a bad Long-Term investment with a projected -19.56% first-year return on $131k initial cash invested.
-19.56%
Cash On Cash
2.51%
Cap Rate
0.39
DSCR
$2,551
Rent
-$2,141
Cashflow
Cash Flow
$2,551 income − $4,692 expenses = $2,141 out of pocket
Investment Breakdown
|
Purchase Price
$626k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$125k
Closing costs
1%
$6,255
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,551
Total Expenses
$4,692
Mortgage P&I
130%
$3,319
Property Taxes
17%
$439
Home Insurance
9%
$224
HOA
2%
$46
Property Management
10%
$255
CapEx
5%
$128
Vacancy
6%
$153
Maintenance
5%
$128
Other
0%
$0