This property looks like a bad Long-Term investment with a projected -19.94% first-year return on $138k initial cash invested.
-19.94%
Cash On Cash
2.7%
Cap Rate
0.41
DSCR
$2,714
Rent
-$2,300
Cashflow
Cash Flow
$2,714 income − $5,014 expenses = $2,300 out of pocket
Investment Breakdown
|
Purchase Price
$659k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$138k
Downpayment
20%
$132k
Closing costs
1%
$6,590
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,714
Total Expenses
$5,014
Mortgage P&I
134%
$3,646
Property Taxes
13%
$366
Home Insurance
9%
$236
HOA
2%
$60
Property Management
10%
$271
CapEx
5%
$136
Vacancy
6%
$163
Maintenance
5%
$136
Other
0%
$0