This property looks like a bad Long-Term investment with a projected -16.58% first-year return on $126k initial cash invested.
-16.58%
Cash On Cash
3.49%
Cap Rate
0.52
DSCR
$2,727
Rent
-$1,742
Cashflow
Cash Flow
$2,727 income − $4,469 expenses = $1,742 out of pocket
Investment Breakdown
|
Purchase Price
$600k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$126k
Downpayment
20%
$120k
Closing costs
1%
$6,004
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,727
Total Expenses
$4,469
Mortgage P&I
123%
$3,353
Property Taxes
7%
$190
Home Insurance
8%
$217
HOA
0%
$0
Property Management
10%
$273
CapEx
5%
$136
Vacancy
6%
$164
Maintenance
5%
$136
Other
0%
$0