This property looks like a bad Long-Term investment with a projected -26.6% first-year return on $133k initial cash invested.
-26.6%
Cash On Cash
1.03%
Cap Rate
0.16
DSCR
$1,833
Rent
-$2,942
Cashflow
Cash Flow
$1,833 income − $4,775 expenses = $2,942 out of pocket
Investment Breakdown
|
Purchase Price
$632k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$126k
Closing costs
1%
$6,320
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,833
Total Expenses
$4,775
Mortgage P&I
185%
$3,394
Property Taxes
15%
$275
Home Insurance
12%
$224
HOA
22%
$405
Property Management
10%
$183
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0