This property looks like a bad Long-Term investment with a projected -18.67% first-year return on $133k initial cash invested.
-18.67%
Cash On Cash
2.92%
Cap Rate
0.44
DSCR
$2,702
Rent
-$2,075
Cashflow
Cash Flow
$2,702 income − $4,777 expenses = $2,075 out of pocket
Investment Breakdown
|
Purchase Price
$635k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,702
Total Expenses
$4,777
Mortgage P&I
129%
$3,487
Property Taxes
14%
$366
Home Insurance
8%
$222
HOA
0%
$0
Property Management
10%
$270
CapEx
5%
$135
Vacancy
6%
$162
Maintenance
5%
$135
Other
0%
$0