This property looks like a bad Long-Term investment with a projected -20.06% first-year return on $133k initial cash invested.
-20.06%
Cash On Cash
2.45%
Cap Rate
0.39
DSCR
$3,479
Rent
-$2,229
Cashflow
Cash Flow
$3,479 income − $5,708 expenses = $2,229 out of pocket
Investment Breakdown
|
Purchase Price
$635k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$127k
Closing costs
1%
$6,348
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,479
Total Expenses
$5,708
Mortgage P&I
96%
$3,349
Property Taxes
24%
$848
Home Insurance
7%
$252
HOA
10%
$354
Property Management
10%
$348
CapEx
5%
$174
Vacancy
6%
$209
Maintenance
5%
$174
Other
0%
$0