This property looks like a bad Long-Term investment with a projected -11.82% first-year return on $118k initial cash invested.
-11.82%
Cash On Cash
4.37%
Cap Rate
0.68
DSCR
$4,166
Rent
-$1,166
Cashflow
Cash Flow
$4,166 income − $5,332 expenses = $1,166 out of pocket
Investment Breakdown
|
Purchase Price
$564k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$118k
Downpayment
20%
$113k
Closing costs
1%
$5,636
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,166
Total Expenses
$5,332
Mortgage P&I
72%
$3,009
Property Taxes
24%
$1,012
Home Insurance
5%
$203
HOA
1%
$25
Property Management
10%
$417
CapEx
5%
$208
Vacancy
6%
$250
Maintenance
5%
$208
Other
0%
$0