This property looks like a bad Long-Term investment with a projected -18.14% first-year return on $133k initial cash invested.
-18.14%
Cash On Cash
3.03%
Cap Rate
0.46
DSCR
$2,575
Rent
-$2,014
Cashflow
Cash Flow
$2,575 income − $4,589 expenses = $2,014 out of pocket
Investment Breakdown
|
Purchase Price
$634k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$127k
Closing costs
1%
$6,343
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,575
Total Expenses
$4,589
Mortgage P&I
135%
$3,487
Property Taxes
8%
$204
Home Insurance
9%
$228
HOA
0%
$0
Property Management
10%
$258
CapEx
5%
$129
Vacancy
6%
$154
Maintenance
5%
$129
Other
0%
$0