This property looks like a bad Long-Term investment with a projected -13.99% first-year return on $113k initial cash invested.
-13.99%
Cash On Cash
3.96%
Cap Rate
0.6
DSCR
$2,964
Rent
-$1,320
Cashflow
Cash Flow
$2,964 income − $4,284 expenses = $1,320 out of pocket
Investment Breakdown
|
Purchase Price
$539k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$108k
Closing costs
1%
$5,393
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,964
Total Expenses
$4,284
Mortgage P&I
100%
$2,953
Property Taxes
10%
$305
Home Insurance
6%
$188
HOA
2%
$68
Property Management
10%
$296
CapEx
5%
$148
Vacancy
6%
$178
Maintenance
5%
$148
Other
0%
$0