This property looks like a bad Long-Term investment with a projected -17.97% first-year return on $133k initial cash invested.
-17.97%
Cash On Cash
3.16%
Cap Rate
0.48
DSCR
$3,148
Rent
-$1,985
Cashflow
Cash Flow
$3,148 income − $5,133 expenses = $1,985 out of pocket
Investment Breakdown
|
Purchase Price
$631k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$126k
Closing costs
1%
$6,312
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,148
Total Expenses
$5,133
Mortgage P&I
111%
$3,490
Property Taxes
18%
$571
Home Insurance
8%
$254
HOA
0%
$0
Property Management
10%
$315
CapEx
5%
$157
Vacancy
6%
$189
Maintenance
5%
$157
Other
0%
$0