This property looks like a bad Long-Term investment with a projected -15.52% first-year return on $132k initial cash invested.
-15.52%
Cash On Cash
3.5%
Cap Rate
0.54
DSCR
$3,232
Rent
-$1,711
Cashflow
Cash Flow
$3,232 income − $4,943 expenses = $1,711 out of pocket
Investment Breakdown
|
Purchase Price
$630k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$126k
Closing costs
1%
$6,299
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,232
Total Expenses
$4,943
Mortgage P&I
105%
$3,384
Property Taxes
15%
$498
Home Insurance
7%
$220
HOA
0%
$0
Property Management
10%
$323
CapEx
5%
$162
Vacancy
6%
$194
Maintenance
5%
$162
Other
0%
$0