This property looks like a bad Long-Term investment with a projected -15.31% first-year return on $146k initial cash invested.
-15.31%
Cash On Cash
3.79%
Cap Rate
0.57
DSCR
$4,483
Rent
-$1,865
Cashflow
Cash Flow
$4,483 income − $6,348 expenses = $1,865 out of pocket
Investment Breakdown
|
Purchase Price
$696k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$146k
Downpayment
20%
$139k
Closing costs
1%
$6,959
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,483
Total Expenses
$6,348
Mortgage P&I
86%
$3,839
Property Taxes
19%
$846
Home Insurance
6%
$290
HOA
5%
$208
Property Management
10%
$448
CapEx
5%
$224
Vacancy
6%
$269
Maintenance
5%
$224
Other
0%
$0