This property looks like a bad Long-Term investment with a projected -21.11% first-year return on $146k initial cash invested.
-21.11%
Cash On Cash
1.82%
Cap Rate
0.3
DSCR
$2,175
Rent
-$2,567
Cashflow
Cash Flow
$2,175 income − $4,742 expenses = $2,567 out of pocket
Investment Breakdown
|
Purchase Price
$695k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$146k
Downpayment
20%
$139k
Closing costs
1%
$6,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,175
Total Expenses
$4,742
Mortgage P&I
162%
$3,514
Property Taxes
19%
$419
Home Insurance
11%
$243
HOA
0%
$0
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$130
Maintenance
5%
$109
Other
0%
$0