This property looks like a bad Long-Term investment with a projected -17.64% first-year return on $114k initial cash invested.
-17.64%
Cash On Cash
2.92%
Cap Rate
0.46
DSCR
$2,512
Rent
-$1,670
Cashflow
Cash Flow
$2,512 income − $4,182 expenses = $1,670 out of pocket
Investment Breakdown
|
Purchase Price
$541k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$108k
Closing costs
1%
$5,411
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,512
Total Expenses
$4,182
Mortgage P&I
114%
$2,862
Property Taxes
19%
$484
Home Insurance
7%
$182
HOA
0%
$0
Property Management
10%
$251
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0