This property looks like a bad Long-Term investment with a projected -28.11% first-year return on $117k initial cash invested.
-28.11%
Cash On Cash
0.78%
Cap Rate
0.12
DSCR
$1,553
Rent
-$2,738
Cashflow
Cash Flow
$1,553 income − $4,291 expenses = $2,738 out of pocket
Investment Breakdown
|
Purchase Price
$557k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$111k
Closing costs
1%
$5,565
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,553
Total Expenses
$4,291
Mortgage P&I
195%
$3,023
Property Taxes
43%
$666
Home Insurance
13%
$198
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0