This property looks like a bad Long-Term investment with a projected -22.9% first-year return on $133k initial cash invested.
-22.9%
Cash On Cash
1.56%
Cap Rate
0.25
DSCR
$1,952
Rent
-$2,545
Cashflow
Cash Flow
$1,952 income − $4,497 expenses = $2,545 out of pocket
Investment Breakdown
|
Purchase Price
$635k
Downpayment
20.0%
Interest Rate
6.7%
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
$1,952
Total Expenses
$4,497
Mortgage P&I
168%
$3,273
Property Taxes
25%
$494
Home Insurance
11%
$222
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0