This property looks like a bad Long-Term investment with a projected -19.05% first-year return on $135k initial cash invested.
-19.05%
Cash On Cash
2.75%
Cap Rate
0.43
DSCR
$3,462
Rent
-$2,143
Cashflow
Cash Flow
$3,462 income − $5,605 expenses = $2,143 out of pocket
Investment Breakdown
|
Purchase Price
$643k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$135k
Downpayment
20%
$129k
Closing costs
1%
$6,427
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,462
Total Expenses
$5,605
Mortgage P&I
99%
$3,442
Property Taxes
19%
$652
Home Insurance
7%
$245
HOA
11%
$366
Property Management
10%
$346
CapEx
5%
$173
Vacancy
6%
$208
Maintenance
5%
$173
Other
0%
$0