This property looks like a bad Long-Term investment with a projected -19.9% first-year return on $133k initial cash invested.
-19.9%
Cash On Cash
2.08%
Cap Rate
0.34
DSCR
$1,714
Rent
-$2,211
Cashflow
Cash Flow
$1,714 income − $3,925 expenses = $2,211 out of pocket
Investment Breakdown
|
Purchase Price
$635k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$127k
Closing costs
1%
$6,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,714
Total Expenses
$3,925
Mortgage P&I
188%
$3,224
Property Taxes
2%
$33
Home Insurance
13%
$222
HOA
0%
$0
Property Management
10%
$171
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0