This property looks like a bad Long-Term investment with a projected -16.88% first-year return on $134k initial cash invested.
-16.88%
Cash On Cash
2.95%
Cap Rate
0.47
DSCR
$2,989
Rent
-$1,885
Cashflow
Cash Flow
$2,989 income − $4,874 expenses = $1,885 out of pocket
Investment Breakdown
|
Purchase Price
$638k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$134k
Downpayment
20%
$128k
Closing costs
1%
$6,380
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,989
Total Expenses
$4,874
Mortgage P&I
111%
$3,304
Property Taxes
19%
$571
Home Insurance
7%
$223
HOA
0%
$0
Property Management
10%
$299
CapEx
5%
$149
Vacancy
6%
$179
Maintenance
5%
$149
Other
0%
$0