This property looks like a bad Long-Term investment with a projected -14.91% first-year return on $134k initial cash invested.
-14.91%
Cash On Cash
3.85%
Cap Rate
0.58
DSCR
$3,649
Rent
-$1,659
Cashflow
Cash Flow
$3,649 income − $5,308 expenses = $1,659 out of pocket
Investment Breakdown
|
Purchase Price
$636k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$134k
Downpayment
20%
$127k
Closing costs
1%
$6,359
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,649
Total Expenses
$5,308
Mortgage P&I
96%
$3,516
Property Taxes
17%
$620
Home Insurance
6%
$224
HOA
0%
$0
Property Management
10%
$365
CapEx
5%
$182
Vacancy
6%
$219
Maintenance
5%
$182
Other
0%
$0