This property looks like a bad Long-Term investment with a projected -18.65% first-year return on $136k initial cash invested.
-18.65%
Cash On Cash
2.98%
Cap Rate
0.45
DSCR
$3,364
Rent
-$2,113
Cashflow
Cash Flow
$3,364 income − $5,477 expenses = $2,113 out of pocket
Investment Breakdown
|
Purchase Price
$647k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$129k
Closing costs
1%
$6,474
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,364
Total Expenses
$5,477
Mortgage P&I
106%
$3,554
Property Taxes
19%
$637
Home Insurance
7%
$227
HOA
6%
$185
Property Management
10%
$336
CapEx
5%
$168
Vacancy
6%
$202
Maintenance
5%
$168
Other
0%
$0