This property looks like a bad Long-Term investment with a projected -24.48% first-year return on $114k initial cash invested.
-24.48%
Cash On Cash
1.61%
Cap Rate
0.24
DSCR
$1,636
Rent
-$2,323
Cashflow
Cash Flow
$1,636 income − $3,959 expenses = $2,323 out of pocket
Investment Breakdown
|
Purchase Price
$542k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$108k
Closing costs
1%
$5,422
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,636
Total Expenses
$3,959
Mortgage P&I
181%
$2,968
Property Taxes
10%
$159
Home Insurance
12%
$198
HOA
13%
$208
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0