This property looks like a bad Long-Term investment with a projected -9.57% first-year return on $114k initial cash invested.
-9.57%
Cash On Cash
5.18%
Cap Rate
0.77
DSCR
$4,204
Rent
-$912
Cashflow
Cash Flow
$4,204 income − $5,116 expenses = $912 out of pocket
Investment Breakdown
|
Purchase Price
$545k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$109k
Closing costs
1%
$5,446
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,204
Total Expenses
$5,116
Mortgage P&I
73%
$3,053
Property Taxes
19%
$791
Home Insurance
4%
$180
HOA
0%
$0
Property Management
10%
$420
CapEx
5%
$210
Vacancy
6%
$252
Maintenance
5%
$210
Other
0%
$0