This property looks like a bad Long-Term investment with a projected -24.78% first-year return on $132k initial cash invested.
-24.78%
Cash On Cash
1.04%
Cap Rate
0.17
DSCR
$1,708
Rent
-$2,732
Cashflow
Cash Flow
$1,708 income − $4,440 expenses = $2,732 out of pocket
Investment Breakdown
|
Purchase Price
$630k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$126k
Closing costs
1%
$6,301
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,708
Total Expenses
$4,440
Mortgage P&I
187%
$3,195
Property Taxes
31%
$528
Home Insurance
13%
$228
HOA
3%
$46
Property Management
10%
$171
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0