This property looks like a bad Long-Term investment with a projected -14.92% first-year return on $115k initial cash invested.
-14.92%
Cash On Cash
3.64%
Cap Rate
0.57
DSCR
$3,160
Rent
-$1,426
Cashflow
Cash Flow
$3,160 income − $4,586 expenses = $1,426 out of pocket
Investment Breakdown
|
Purchase Price
$546k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$115k
Downpayment
20%
$109k
Closing costs
1%
$5,462
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,160
Total Expenses
$4,586
Mortgage P&I
93%
$2,923
Property Taxes
21%
$649
Home Insurance
6%
$192
HOA
0%
$0
Property Management
10%
$316
CapEx
5%
$158
Vacancy
6%
$190
Maintenance
5%
$158
Other
0%
$0