This property looks like a bad Long-Term investment with a projected -11.57% first-year return on $113k initial cash invested.
-11.57%
Cash On Cash
4.43%
Cap Rate
0.68
DSCR
$3,385
Rent
-$1,091
Cashflow
Cash Flow
$3,385 income − $4,476 expenses = $1,091 out of pocket
Investment Breakdown
|
Purchase Price
$539k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$108k
Closing costs
1%
$5,387
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,385
Total Expenses
$4,476
Mortgage P&I
86%
$2,910
Property Taxes
15%
$498
Home Insurance
6%
$189
HOA
0%
$0
Property Management
10%
$338
CapEx
5%
$169
Vacancy
6%
$203
Maintenance
5%
$169
Other
0%
$0