This property looks like a bad Long-Term investment with a projected -12.21% first-year return on $134k initial cash invested.
-12.21%
Cash On Cash
3.95%
Cap Rate
0.64
DSCR
$3,373
Rent
-$1,360
Cashflow
Cash Flow
$3,373 income − $4,733 expenses = $1,360 out of pocket
Investment Breakdown
|
Purchase Price
$636k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$134k
Downpayment
20%
$127k
Closing costs
1%
$6,364
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,373
Total Expenses
$4,733
Mortgage P&I
97%
$3,284
Property Taxes
10%
$344
Home Insurance
7%
$228
HOA
0%
$0
Property Management
10%
$337
CapEx
5%
$169
Vacancy
6%
$202
Maintenance
5%
$169
Other
0%
$0