This property looks like a bad Long-Term investment with a projected -17.44% first-year return on $133k initial cash invested.
-17.44%
Cash On Cash
2.74%
Cap Rate
0.45
DSCR
$3,246
Rent
-$1,935
Cashflow
Cash Flow
$3,246 income − $5,181 expenses = $1,935 out of pocket
Investment Breakdown
|
Purchase Price
$634k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$127k
Closing costs
1%
$6,339
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,246
Total Expenses
$5,181
Mortgage P&I
99%
$3,220
Property Taxes
28%
$898
Home Insurance
7%
$219
HOA
0%
$0
Property Management
10%
$325
CapEx
5%
$162
Vacancy
6%
$195
Maintenance
5%
$162
Other
0%
$0