This property looks like a bad Long-Term investment with a projected -22.13% first-year return on $133k initial cash invested.
-22.13%
Cash On Cash
2.17%
Cap Rate
0.33
DSCR
$3,387
Rent
-$2,450
Cashflow
Cash Flow
$3,387 income − $5,837 expenses = $2,450 out of pocket
Investment Breakdown
|
Purchase Price
$633k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$127k
Closing costs
1%
$6,325
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,387
Total Expenses
$5,837
Mortgage P&I
101%
$3,424
Property Taxes
14%
$479
Home Insurance
6%
$219
HOA
25%
$835
Property Management
10%
$339
CapEx
5%
$169
Vacancy
6%
$203
Maintenance
5%
$169
Other
0%
$0