This property looks like a bad Long-Term investment with a projected -17.22% first-year return on $131k initial cash invested.
-17.22%
Cash On Cash
3.4%
Cap Rate
0.51
DSCR
$3,532
Rent
-$1,883
Cashflow
Cash Flow
$3,532 income − $5,415 expenses = $1,883 out of pocket
Investment Breakdown
|
Purchase Price
$625k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$125k
Closing costs
1%
$6,248
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,532
Total Expenses
$5,415
Mortgage P&I
98%
$3,474
Property Taxes
23%
$798
Home Insurance
6%
$224
HOA
0%
$0
Property Management
10%
$353
CapEx
5%
$177
Vacancy
6%
$212
Maintenance
5%
$177
Other
0%
$0