This property looks like a bad Long-Term investment with a projected -16.78% first-year return on $137k initial cash invested.
-16.78%
Cash On Cash
3.15%
Cap Rate
0.5
DSCR
$3,429
Rent
-$1,916
Cashflow
Cash Flow
$3,429 income − $5,345 expenses = $1,916 out of pocket
Investment Breakdown
|
Purchase Price
$653k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$137k
Downpayment
20%
$131k
Closing costs
1%
$6,526
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,429
Total Expenses
$5,345
Mortgage P&I
101%
$3,459
Property Taxes
23%
$776
Home Insurance
6%
$219
HOA
0%
$0
Property Management
10%
$343
CapEx
5%
$171
Vacancy
6%
$206
Maintenance
5%
$171
Other
0%
$0