This property looks like a bad Long-Term investment with a projected -15.73% first-year return on $144k initial cash invested.
-15.73%
Cash On Cash
3.28%
Cap Rate
0.52
DSCR
$3,117
Rent
-$1,886
Cashflow
Cash Flow
$3,117 income − $5,003 expenses = $1,886 out of pocket
Investment Breakdown
|
Purchase Price
$685k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$144k
Downpayment
20%
$137k
Closing costs
1%
$6,850
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,117
Total Expenses
$5,003
Mortgage P&I
116%
$3,605
Property Taxes
11%
$347
Home Insurance
8%
$240
HOA
0%
$0
Property Management
10%
$312
CapEx
5%
$156
Vacancy
6%
$187
Maintenance
5%
$156
Other
0%
$0