This property looks like a bad Long-Term investment with a projected -17.33% first-year return on $133k initial cash invested.
-17.33%
Cash On Cash
3.21%
Cap Rate
0.49
DSCR
$3,826
Rent
-$1,921
Cashflow
Cash Flow
$3,826 income − $5,747 expenses = $1,921 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%
$6,333
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,826
Total Expenses
$5,747
Mortgage P&I
89%
$3,423
Property Taxes
19%
$745
Home Insurance
6%
$224
HOA
9%
$360
Property Management
10%
$383
CapEx
5%
$191
Vacancy
6%
$230
Maintenance
5%
$191
Other
0%
$0