This property looks like a bad Long-Term investment with a projected -9.84% first-year return on $113k initial cash invested.
-9.84%
Cash On Cash
4.83%
Cap Rate
0.75
DSCR
$4,088
Rent
-$927
Cashflow
Cash Flow
$4,088 income − $5,015 expenses = $927 out of pocket
Investment Breakdown
|
Purchase Price
$539k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$108k
Closing costs
1%
$5,386
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,088
Total Expenses
$5,015
Mortgage P&I
71%
$2,890
Property Taxes
21%
$848
Home Insurance
5%
$194
HOA
1%
$21
Property Management
10%
$409
CapEx
5%
$204
Vacancy
6%
$245
Maintenance
5%
$204
Other
0%
$0