This property looks like a bad Long-Term investment with a projected -22% first-year return on $145k initial cash invested.
-22%
Cash On Cash
1.69%
Cap Rate
0.28
DSCR
$2,030
Rent
-$2,659
Cashflow
Cash Flow
$2,030 income − $4,689 expenses = $2,659 out of pocket
Investment Breakdown
|
Purchase Price
$691k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$145k
Downpayment
20%
$138k
Closing costs
1%
$6,908
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,030
Total Expenses
$4,689
Mortgage P&I
174%
$3,527
Property Taxes
16%
$329
Home Insurance
13%
$254
HOA
2%
$50
Property Management
10%
$203
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0