This property looks like a bad Long-Term investment with a projected -20.89% first-year return on $121k initial cash invested.
-20.89%
Cash On Cash
2.33%
Cap Rate
0.36
DSCR
$2,140
Rent
-$2,102
Cashflow
Cash Flow
$2,140 income − $4,242 expenses = $2,102 out of pocket
Investment Breakdown
|
Purchase Price
$575k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$115k
Closing costs
1%
$5,749
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,140
Total Expenses
$4,242
Mortgage P&I
145%
$3,111
Property Taxes
17%
$374
Home Insurance
9%
$201
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0