This property looks like a bad Long-Term investment with a projected -19.96% first-year return on $119k initial cash invested.
-19.96%
Cash On Cash
2.52%
Cap Rate
0.39
DSCR
$2,270
Rent
-$1,974
Cashflow
Cash Flow
$2,270 income − $4,244 expenses = $1,974 out of pocket
Investment Breakdown
|
Purchase Price
$565k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$119k
Downpayment
20%
$113k
Closing costs
1%
$5,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,270
Total Expenses
$4,244
Mortgage P&I
134%
$3,045
Property Taxes
14%
$310
Home Insurance
9%
$198
HOA
4%
$100
Property Management
10%
$227
CapEx
5%
$114
Vacancy
6%
$136
Maintenance
5%
$114
Other
0%
$0