This property looks like a bad Long-Term investment with a projected -25.27% first-year return on $133k initial cash invested.
-25.27%
Cash On Cash
1.59%
Cap Rate
0.24
DSCR
$1,935
Rent
-$2,797
Cashflow
Cash Flow
$1,935 income − $4,732 expenses = $2,797 out of pocket
Investment Breakdown
|
Purchase Price
$632k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$126k
Closing costs
1%
$6,324
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,935
Total Expenses
$4,732
Mortgage P&I
183%
$3,537
Property Taxes
24%
$458
Home Insurance
12%
$233
HOA
0%
$0
Property Management
10%
$194
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0