This property looks like a bad Long-Term investment with a projected -15.01% first-year return on $134k initial cash invested.
-15.01%
Cash On Cash
3.84%
Cap Rate
0.58
DSCR
$3,953
Rent
-$1,678
Cashflow
Cash Flow
$3,953 income − $5,631 expenses = $1,678 out of pocket
Investment Breakdown
|
Purchase Price
$639k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$134k
Downpayment
20%
$128k
Closing costs
1%
$6,390
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,953
Total Expenses
$5,631
Mortgage P&I
89%
$3,525
Property Taxes
17%
$691
Home Insurance
6%
$227
HOA
4%
$160
Property Management
10%
$395
CapEx
5%
$198
Vacancy
6%
$237
Maintenance
5%
$198
Other
0%
$0