This property looks like a bad Long-Term investment with a projected -18.69% first-year return on $113k initial cash invested.
-18.69%
Cash On Cash
3.07%
Cap Rate
0.46
DSCR
$3,132
Rent
-$1,757
Cashflow
Cash Flow
$3,132 income − $4,889 expenses = $1,757 out of pocket
Investment Breakdown
|
Purchase Price
$537k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$107k
Closing costs
1%
$5,371
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,132
Total Expenses
$4,889
Mortgage P&I
95%
$2,973
Property Taxes
27%
$861
Home Insurance
6%
$192
HOA
2%
$48
Property Management
10%
$313
CapEx
5%
$157
Vacancy
6%
$188
Maintenance
5%
$157
Other
0%
$0