This property looks like a bad Long-Term investment with a projected -11.53% first-year return on $142k initial cash invested.
-11.53%
Cash On Cash
4.3%
Cap Rate
0.67
DSCR
$3,868
Rent
-$1,362
Cashflow
Cash Flow
$3,868 income − $5,230 expenses = $1,362 out of pocket
Investment Breakdown
|
Purchase Price
$675k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$142k
Downpayment
20%
$135k
Closing costs
1%
$6,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,868
Total Expenses
$5,230
Mortgage P&I
93%
$3,588
Property Taxes
10%
$401
Home Insurance
6%
$236
HOA
0%
$0
Property Management
10%
$387
CapEx
5%
$193
Vacancy
6%
$232
Maintenance
5%
$193
Other
0%
$0