This property looks like a bad Long-Term investment with a projected -15.51% first-year return on $133k initial cash invested.
-15.51%
Cash On Cash
3.47%
Cap Rate
0.54
DSCR
$3,162
Rent
-$1,725
Cashflow
Cash Flow
$3,162 income − $4,887 expenses = $1,725 out of pocket
Investment Breakdown
|
Purchase Price
$636k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$127k
Closing costs
1%
$6,355
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,162
Total Expenses
$4,887
Mortgage P&I
108%
$3,407
Property Taxes
14%
$430
Home Insurance
7%
$228
HOA
0%
$0
Property Management
10%
$316
CapEx
5%
$158
Vacancy
6%
$190
Maintenance
5%
$158
Other
0%
$0