This property looks like a bad Long-Term investment with a projected -13.78% first-year return on $115k initial cash invested.
-13.78%
Cash On Cash
3.48%
Cap Rate
0.57
DSCR
$2,869
Rent
-$1,322
Cashflow
Cash Flow
$2,869 income − $4,191 expenses = $1,322 out of pocket
Investment Breakdown
|
Purchase Price
$548k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$115k
Downpayment
20%
$110k
Closing costs
1%
$5,483
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,869
Total Expenses
$4,191
Mortgage P&I
97%
$2,769
Property Taxes
16%
$470
Home Insurance
7%
$192
HOA
1%
$15
Property Management
10%
$287
CapEx
5%
$143
Vacancy
6%
$172
Maintenance
5%
$143
Other
0%
$0