This property looks like a bad Long-Term investment with a projected -12.54% first-year return on $115k initial cash invested.
-12.54%
Cash On Cash
3.78%
Cap Rate
0.62
DSCR
$3,049
Rent
-$1,200
Cashflow
Cash Flow
$3,049 income − $4,249 expenses = $1,200 out of pocket
Investment Breakdown
|
Purchase Price
$547k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$115k
Downpayment
20%
$109k
Closing costs
1%
$5,467
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,049
Total Expenses
$4,249
Mortgage P&I
91%
$2,769
Property Taxes
17%
$513
Home Insurance
6%
$175
HOA
0%
$0
Property Management
10%
$305
CapEx
5%
$152
Vacancy
6%
$183
Maintenance
5%
$152
Other
0%
$0