This property looks like a bad Long-Term investment with a projected -13.48% first-year return on $133k initial cash invested.
-13.48%
Cash On Cash
4.06%
Cap Rate
0.62
DSCR
$4,145
Rent
-$1,495
Cashflow
Cash Flow
$4,145 income − $5,640 expenses = $1,495 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%
$6,337
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,145
Total Expenses
$5,640
Mortgage P&I
83%
$3,431
Property Taxes
22%
$908
Home Insurance
5%
$224
HOA
0%
$0
Property Management
10%
$414
CapEx
5%
$207
Vacancy
6%
$249
Maintenance
5%
$207
Other
0%
$0