This property looks like a bad Long-Term investment with a projected -13.69% first-year return on $138k initial cash invested.
-13.69%
Cash On Cash
3.67%
Cap Rate
0.59
DSCR
$3,216
Rent
-$1,580
Cashflow
Cash Flow
$3,216 income − $4,796 expenses = $1,580 out of pocket
Investment Breakdown
|
Purchase Price
$659k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$138k
Downpayment
20%
$132k
Closing costs
1%
$6,593
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,216
Total Expenses
$4,796
Mortgage P&I
107%
$3,434
Property Taxes
9%
$280
Home Insurance
8%
$245
HOA
0%
$0
Property Management
10%
$322
CapEx
5%
$161
Vacancy
6%
$193
Maintenance
5%
$161
Other
0%
$0