This property looks like a bad Long-Term investment with a projected -14.28% first-year return on $138k initial cash invested.
-14.28%
Cash On Cash
3.85%
Cap Rate
0.59
DSCR
$3,363
Rent
-$1,647
Cashflow
Cash Flow
$3,363 income − $5,010 expenses = $1,647 out of pocket
Investment Breakdown
|
Purchase Price
$659k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$138k
Downpayment
20%
$132k
Closing costs
1%
$6,590
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,363
Total Expenses
$5,010
Mortgage P&I
107%
$3,593
Property Taxes
9%
$312
Home Insurance
7%
$231
HOA
0%
$0
Property Management
10%
$336
CapEx
5%
$168
Vacancy
6%
$202
Maintenance
5%
$168
Other
0%
$0