This property looks like a bad Long-Term investment with a projected -0.11% first-year return on $115k initial cash invested.
-0.11%
Cash On Cash
6.55%
Cap Rate
1.07
DSCR
$4,126
Rent
-$11
Cashflow
Cash Flow
$4,126 income − $4,137 expenses = $11 out of pocket
Investment Breakdown
|
Purchase Price
$550k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$115k
Downpayment
20%
$110k
Closing costs
1%
$5,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,126
Total Expenses
$4,137
Mortgage P&I
68%
$2,807
Property Taxes
2%
$65
Home Insurance
5%
$192
HOA
0%
$0
Property Management
10%
$413
CapEx
5%
$206
Vacancy
6%
$248
Maintenance
5%
$206
Other
0%
$0