This property looks like a bad Long-Term investment with a projected -12.69% first-year return on $121k initial cash invested.
-12.69%
Cash On Cash
4.37%
Cap Rate
0.66
DSCR
$3,804
Rent
-$1,281
Cashflow
Cash Flow
$3,804 income − $5,085 expenses = $1,281 out of pocket
Investment Breakdown
|
Purchase Price
$577k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$115k
Closing costs
1%
$5,770
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,804
Total Expenses
$5,085
Mortgage P&I
84%
$3,191
Property Taxes
19%
$705
Home Insurance
5%
$201
HOA
0%
$0
Property Management
10%
$380
CapEx
5%
$190
Vacancy
6%
$228
Maintenance
5%
$190
Other
0%
$0