This property looks like a bad Long-Term investment with a projected -19.57% first-year return on $134k initial cash invested.
-19.57%
Cash On Cash
2.76%
Cap Rate
0.42
DSCR
$3,427
Rent
-$2,189
Cashflow
Cash Flow
$3,427 income − $5,616 expenses = $2,189 out of pocket
Investment Breakdown
|
Purchase Price
$639k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$134k
Downpayment
20%
$128k
Closing costs
1%
$6,393
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,427
Total Expenses
$5,616
Mortgage P&I
102%
$3,489
Property Taxes
22%
$738
Home Insurance
6%
$210
HOA
8%
$288
Property Management
10%
$343
CapEx
5%
$171
Vacancy
6%
$206
Maintenance
5%
$171
Other
0%
$0