This property looks like a bad Long-Term investment with a projected -15.87% first-year return on $133k initial cash invested.
-15.87%
Cash On Cash
3.52%
Cap Rate
0.54
DSCR
$3,581
Rent
-$1,763
Cashflow
Cash Flow
$3,581 income − $5,344 expenses = $1,763 out of pocket
Investment Breakdown
|
Purchase Price
$635k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$127k
Closing costs
1%
$6,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,581
Total Expenses
$5,344
Mortgage P&I
96%
$3,447
Property Taxes
21%
$742
Home Insurance
6%
$224
HOA
0%
$0
Property Management
10%
$358
CapEx
5%
$179
Vacancy
6%
$215
Maintenance
5%
$179
Other
0%
$0