This property looks like a bad Long-Term investment with a projected -20.01% first-year return on $136k initial cash invested.
-20.01%
Cash On Cash
2.54%
Cap Rate
0.39
DSCR
$2,533
Rent
-$2,272
Cashflow
Cash Flow
$2,533 income − $4,805 expenses = $2,272 out of pocket
Investment Breakdown
|
Purchase Price
$649k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$130k
Closing costs
1%
$6,489
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,533
Total Expenses
$4,805
Mortgage P&I
139%
$3,517
Property Taxes
13%
$335
Home Insurance
9%
$227
HOA
3%
$67
Property Management
10%
$253
CapEx
5%
$127
Vacancy
6%
$152
Maintenance
5%
$127
Other
0%
$0