This property looks like a bad Long-Term investment with a projected -22.01% first-year return on $138k initial cash invested.
-22.01%
Cash On Cash
1.79%
Cap Rate
0.29
DSCR
$3,179
Rent
-$2,534
Cashflow
Cash Flow
$3,179 income − $5,713 expenses = $2,534 out of pocket
Investment Breakdown
|
Purchase Price
$658k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$138k
Downpayment
20%
$132k
Closing costs
1%
$6,580
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,179
Total Expenses
$5,713
Mortgage P&I
106%
$3,355
Property Taxes
33%
$1,048
Home Insurance
7%
$231
HOA
8%
$252
Property Management
10%
$318
CapEx
5%
$159
Vacancy
6%
$191
Maintenance
5%
$159
Other
0%
$0