This property looks like a bad Long-Term investment with a projected -27.41% first-year return on $133k initial cash invested.
-27.41%
Cash On Cash
1%
Cap Rate
0.15
DSCR
$1,715
Rent
-$3,037
Cashflow
Cash Flow
$1,715 income − $4,752 expenses = $3,037 out of pocket
Investment Breakdown
|
Purchase Price
$633k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$127k
Closing costs
1%
$6,331
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,715
Total Expenses
$4,752
Mortgage P&I
203%
$3,476
Property Taxes
35%
$597
Home Insurance
13%
$228
HOA
0%
$4
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0