This property looks like a bad Long-Term investment with a projected -19.93% first-year return on $113k initial cash invested.
-19.93%
Cash On Cash
2.9%
Cap Rate
0.42
DSCR
$2,074
Rent
-$1,880
Cashflow
Cash Flow
$2,074 income − $3,954 expenses = $1,880 out of pocket
Investment Breakdown
|
Purchase Price
$539k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$108k
Closing costs
1%
$5,390
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,074
Total Expenses
$3,954
Mortgage P&I
148%
$3,077
Property Taxes
7%
$149
Home Insurance
9%
$189
HOA
0%
$0
Property Management
10%
$207
CapEx
5%
$104
Vacancy
6%
$124
Maintenance
5%
$104
Other
0%
$0