This property looks like a bad Long-Term investment with a projected -19.41% first-year return on $114k initial cash invested.
-19.41%
Cash On Cash
2.86%
Cap Rate
0.43
DSCR
$2,672
Rent
-$1,851
Cashflow
Cash Flow
$2,672 income − $4,523 expenses = $1,851 out of pocket
Investment Breakdown
|
Purchase Price
$545k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$109k
Closing costs
1%
$5,450
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,672
Total Expenses
$4,523
Mortgage P&I
113%
$3,016
Property Taxes
23%
$621
Home Insurance
7%
$191
HOA
0%
$0
Property Management
10%
$267
CapEx
5%
$134
Vacancy
6%
$160
Maintenance
5%
$134
Other
0%
$0