This property looks like a bad Long-Term investment with a projected -24.37% first-year return on $113k initial cash invested.
-24.37%
Cash On Cash
1.77%
Cap Rate
0.27
DSCR
$2,053
Rent
-$2,301
Cashflow
Cash Flow
$2,053 income − $4,354 expenses = $2,301 out of pocket
Investment Breakdown
|
Purchase Price
$540k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$108k
Closing costs
1%
$5,395
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,053
Total Expenses
$4,354
Mortgage P&I
146%
$2,996
Property Taxes
31%
$632
Home Insurance
9%
$192
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0