This property looks like a bad Long-Term investment with a projected -17.62% first-year return on $132k initial cash invested.
-17.62%
Cash On Cash
3.26%
Cap Rate
0.49
DSCR
$3,226
Rent
-$1,941
Cashflow
Cash Flow
$3,226 income − $5,167 expenses = $1,941 out of pocket
Investment Breakdown
|
Purchase Price
$630k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$126k
Closing costs
1%
$6,295
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,226
Total Expenses
$5,167
Mortgage P&I
108%
$3,491
Property Taxes
18%
$568
Home Insurance
7%
$227
HOA
1%
$42
Property Management
10%
$323
CapEx
5%
$161
Vacancy
6%
$194
Maintenance
5%
$161
Other
0%
$0