This property looks like a bad Long-Term investment with a projected -22.39% first-year return on $135k initial cash invested.
-22.39%
Cash On Cash
1.66%
Cap Rate
0.27
DSCR
$2,125
Rent
-$2,526
Cashflow
Cash Flow
$2,125 income − $4,651 expenses = $2,526 out of pocket
Investment Breakdown
|
Purchase Price
$645k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$135k
Downpayment
20%
$129k
Closing costs
1%
$6,446
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,125
Total Expenses
$4,651
Mortgage P&I
156%
$3,310
Property Taxes
26%
$553
Home Insurance
11%
$236
HOA
0%
$0
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$128
Maintenance
5%
$106
Other
0%
$0