This property looks like a bad Long-Term investment with a projected -4.76% first-year return on $137k initial cash invested.
-4.76%
Cash On Cash
5.57%
Cap Rate
0.9
DSCR
$4,129
Rent
-$544
Cashflow
Cash Flow
$4,129 income − $4,673 expenses = $544 out of pocket
Investment Breakdown
|
Purchase Price
$652k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$137k
Downpayment
20%
$130k
Closing costs
1%
$6,524
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,129
Total Expenses
$4,673
Mortgage P&I
82%
$3,366
Property Taxes
0%
$6
Home Insurance
6%
$228
HOA
0%
$0
Property Management
10%
$413
CapEx
5%
$206
Vacancy
6%
$248
Maintenance
5%
$206
Other
0%
$0