This property looks like a bad Long-Term investment with a projected -11.44% first-year return on $137k initial cash invested.
-11.44%
Cash On Cash
4.36%
Cap Rate
0.68
DSCR
$3,946
Rent
-$1,301
Cashflow
Cash Flow
$3,946 income − $5,247 expenses = $1,301 out of pocket
Investment Breakdown
|
Purchase Price
$650k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$137k
Downpayment
20%
$130k
Closing costs
1%
$6,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,946
Total Expenses
$5,247
Mortgage P&I
88%
$3,468
Property Taxes
13%
$525
Home Insurance
6%
$228
HOA
0%
$0
Property Management
10%
$395
CapEx
5%
$197
Vacancy
6%
$237
Maintenance
5%
$197
Other
0%
$0