This property looks like a bad Long-Term investment with a projected -11.59% first-year return on $119k initial cash invested.
-11.59%
Cash On Cash
4.43%
Cap Rate
0.68
DSCR
$3,765
Rent
-$1,151
Cashflow
Cash Flow
$3,765 income − $4,916 expenses = $1,151 out of pocket
Investment Breakdown
|
Purchase Price
$567k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$119k
Downpayment
20%
$113k
Closing costs
1%
$5,673
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,765
Total Expenses
$4,916
Mortgage P&I
81%
$3,057
Property Taxes
18%
$676
Home Insurance
5%
$205
HOA
0%
$0
Property Management
10%
$376
CapEx
5%
$188
Vacancy
6%
$226
Maintenance
5%
$188
Other
0%
$0