This property looks like a bad Long-Term investment with a projected -25.49% first-year return on $133k initial cash invested.
-25.49%
Cash On Cash
1.66%
Cap Rate
0.24
DSCR
$2,220
Rent
-$2,836
Cashflow
Cash Flow
$2,220 income − $5,056 expenses = $2,836 out of pocket
Investment Breakdown
|
Purchase Price
$636k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$127k
Closing costs
1%
$6,357
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,220
Total Expenses
$5,056
Mortgage P&I
162%
$3,603
Property Taxes
29%
$650
Home Insurance
10%
$226
HOA
0%
$0
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0