This property looks like a bad Long-Term investment with a projected -18.64% first-year return on $133k initial cash invested.
-18.64%
Cash On Cash
2.92%
Cap Rate
0.45
DSCR
$3,004
Rent
-$2,073
Cashflow
Cash Flow
$3,004 income − $5,077 expenses = $2,073 out of pocket
Investment Breakdown
|
Purchase Price
$636k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$127k
Closing costs
1%
$6,355
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,004
Total Expenses
$5,077
Mortgage P&I
115%
$3,468
Property Taxes
14%
$431
Home Insurance
8%
$228
HOA
6%
$170
Property Management
10%
$300
CapEx
5%
$150
Vacancy
6%
$180
Maintenance
5%
$150
Other
0%
$0