This property looks like a bad Long-Term investment with a projected -17.44% first-year return on $133k initial cash invested.
-17.44%
Cash On Cash
3.17%
Cap Rate
0.49
DSCR
$3,171
Rent
-$1,938
Cashflow
Cash Flow
$3,171 income − $5,109 expenses = $1,938 out of pocket
Investment Breakdown
|
Purchase Price
$635k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$127k
Closing costs
1%
$6,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,171
Total Expenses
$5,109
Mortgage P&I
109%
$3,459
Property Taxes
19%
$603
Home Insurance
7%
$222
HOA
0%
$0
Property Management
10%
$317
CapEx
5%
$159
Vacancy
6%
$190
Maintenance
5%
$159
Other
0%
$0