This property looks like a bad Long-Term investment with a projected -9.58% first-year return on $133k initial cash invested.
-9.58%
Cash On Cash
5.06%
Cap Rate
0.76
DSCR
$4,634
Rent
-$1,063
Cashflow
Cash Flow
$4,634 income − $5,697 expenses = $1,063 out of pocket
Investment Breakdown
|
Purchase Price
$634k
Downpayment
20.0%
Interest Rate
7.4%
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
$4,634
Total Expenses
$5,697
Mortgage P&I
76%
$3,508
Property Taxes
15%
$694
Home Insurance
6%
$290
HOA
0%
$0
Property Management
10%
$463
CapEx
5%
$232
Vacancy
6%
$278
Maintenance
5%
$232
Other
0%
$0