This property looks like a bad Long-Term investment with a projected -24.31% first-year return on $133k initial cash invested.
-24.31%
Cash On Cash
1.59%
Cap Rate
0.25
DSCR
$2,271
Rent
-$2,696
Cashflow
Cash Flow
$2,271 income − $4,967 expenses = $2,696 out of pocket
Investment Breakdown
|
Purchase Price
$634k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$127k
Closing costs
1%
$6,336
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,271
Total Expenses
$4,967
Mortgage P&I
151%
$3,422
Property Taxes
31%
$699
Home Insurance
11%
$255
HOA
0%
$0
Property Management
10%
$227
CapEx
5%
$114
Vacancy
6%
$136
Maintenance
5%
$114
Other
0%
$0