This property looks like a bad Long-Term investment with a projected -12.54% first-year return on $113k initial cash invested.
-12.54%
Cash On Cash
4.11%
Cap Rate
0.64
DSCR
$3,274
Rent
-$1,183
Cashflow
Cash Flow
$3,274 income − $4,457 expenses = $1,183 out of pocket
Investment Breakdown
|
Purchase Price
$539k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$108k
Closing costs
1%
$5,390
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,274
Total Expenses
$4,457
Mortgage P&I
88%
$2,866
Property Taxes
15%
$486
Home Insurance
6%
$189
HOA
2%
$65
Property Management
10%
$327
CapEx
5%
$164
Vacancy
6%
$196
Maintenance
5%
$164
Other
0%
$0