This property looks like a bad Long-Term investment with a projected -15.73% first-year return on $133k initial cash invested.
-15.73%
Cash On Cash
3.57%
Cap Rate
0.55
DSCR
$3,967
Rent
-$1,747
Cashflow
Cash Flow
$3,967 income − $5,714 expenses = $1,747 out of pocket
Investment Breakdown
|
Purchase Price
$635k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$127k
Closing costs
1%
$6,348
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,967
Total Expenses
$5,714
Mortgage P&I
87%
$3,440
Property Taxes
26%
$1,016
Home Insurance
6%
$227
HOA
0%
$0
Property Management
10%
$397
CapEx
5%
$198
Vacancy
6%
$238
Maintenance
5%
$198
Other
0%
$0