This property looks like a bad Long-Term investment with a projected -25.02% first-year return on $542k initial cash invested.
-25.02%
Cash On Cash
1.14%
Cap Rate
0.18
DSCR
$5,086
Rent
-$11,298
Cashflow
Cash Flow
$5,086 income − $16,384 expenses = $11,298 out of pocket
Investment Breakdown
|
Purchase Price
$2581k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$542k
Downpayment
20%
$516k
Closing costs
1%
$25,806
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,086
Total Expenses
$16,384
Mortgage P&I
265%
$13,502
Property Taxes
10%
$525
Home Insurance
19%
$962
HOA
1%
$73
Property Management
10%
$509
CapEx
5%
$254
Vacancy
6%
$305
Maintenance
5%
$254
Other
0%
$0