This property looks like a bad Long-Term investment with a projected -10.43% first-year return on $128k initial cash invested.
-10.43%
Cash On Cash
4.74%
Cap Rate
0.73
DSCR
$4,072
Rent
-$1,116
Cashflow
Cash Flow
$4,072 income − $5,188 expenses = $1,116 out of pocket
Investment Breakdown
|
Purchase Price
$611k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$128k
Downpayment
20%
$122k
Closing costs
1%
$6,114
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,072
Total Expenses
$5,188
Mortgage P&I
82%
$3,329
Property Taxes
14%
$590
Home Insurance
5%
$210
HOA
0%
$0
Property Management
10%
$407
CapEx
5%
$204
Vacancy
6%
$244
Maintenance
5%
$204
Other
0%
$0