This property looks like a bad Long-Term investment with a projected -10.55% first-year return on $133k initial cash invested.
-10.55%
Cash On Cash
4.3%
Cap Rate
0.7
DSCR
$3,818
Rent
-$1,166
Cashflow
Cash Flow
$3,818 income − $4,984 expenses = $1,166 out of pocket
Investment Breakdown
|
Purchase Price
$632k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$126k
Closing costs
1%
$6,315
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,818
Total Expenses
$4,984
Mortgage P&I
85%
$3,240
Property Taxes
15%
$576
Home Insurance
5%
$175
HOA
0%
$0
Property Management
10%
$382
CapEx
5%
$191
Vacancy
6%
$229
Maintenance
5%
$191
Other
0%
$0