This property looks like a bad Long-Term investment with a projected -16.72% first-year return on $133k initial cash invested.
-16.72%
Cash On Cash
3.3%
Cap Rate
0.51
DSCR
$3,740
Rent
-$1,857
Cashflow
Cash Flow
$3,740 income − $5,597 expenses = $1,857 out of pocket
Investment Breakdown
|
Purchase Price
$635k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$127k
Closing costs
1%
$6,345
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,740
Total Expenses
$5,597
Mortgage P&I
91%
$3,415
Property Taxes
27%
$991
Home Insurance
6%
$219
HOA
0%
$0
Property Management
10%
$374
CapEx
5%
$187
Vacancy
6%
$224
Maintenance
5%
$187
Other
0%
$0