This property looks like a bad Long-Term investment with a projected -17.24% first-year return on $113k initial cash invested.
-17.24%
Cash On Cash
2.76%
Cap Rate
0.45
DSCR
$2,034
Rent
-$1,621
Cashflow
Cash Flow
$2,034 income − $3,655 expenses = $1,621 out of pocket
Investment Breakdown
|
Purchase Price
$537k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$107k
Closing costs
1%
$5,374
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,034
Total Expenses
$3,655
Mortgage P&I
135%
$2,755
Property Taxes
9%
$173
Home Insurance
10%
$198
HOA
0%
$0
Property Management
10%
$203
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0