This property looks like a bad Long-Term investment with a projected -12.52% first-year return on $149k initial cash invested.
-12.52%
Cash On Cash
3.84%
Cap Rate
0.63
DSCR
$4,478
Rent
-$1,549
Cashflow
Cash Flow
$4,478 income − $6,027 expenses = $1,549 out of pocket
Investment Breakdown
|
Purchase Price
$707k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$149k
Downpayment
20%
$141k
Closing costs
1%
$7,072
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,478
Total Expenses
$6,027
Mortgage P&I
80%
$3,590
Property Taxes
23%
$1,027
Home Insurance
5%
$245
HOA
0%
$0
Property Management
10%
$448
CapEx
5%
$224
Vacancy
6%
$269
Maintenance
5%
$224
Other
0%
$0