This property looks like a bad Long-Term investment with a projected -12.06% first-year return on $132k initial cash invested.
-12.06%
Cash On Cash
4.4%
Cap Rate
0.67
DSCR
$4,057
Rent
-$1,330
Cashflow
Cash Flow
$4,057 income − $5,387 expenses = $1,330 out of pocket
Investment Breakdown
|
Purchase Price
$630k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$126k
Closing costs
1%
$6,300
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,057
Total Expenses
$5,387
Mortgage P&I
85%
$3,435
Property Taxes
14%
$579
Home Insurance
5%
$220
HOA
2%
$98
Property Management
10%
$406
CapEx
5%
$203
Vacancy
6%
$243
Maintenance
5%
$203
Other
0%
$0