This property looks like a bad Long-Term investment with a projected -15.78% first-year return on $118k initial cash invested.
-15.78%
Cash On Cash
3.56%
Cap Rate
0.54
DSCR
$3,091
Rent
-$1,546
Cashflow
Cash Flow
$3,091 income − $4,637 expenses = $1,546 out of pocket
Investment Breakdown
|
Purchase Price
$560k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$118k
Downpayment
20%
$112k
Closing costs
1%
$5,598
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,091
Total Expenses
$4,637
Mortgage P&I
99%
$3,052
Property Taxes
18%
$546
Home Insurance
6%
$198
HOA
1%
$37
Property Management
10%
$309
CapEx
5%
$155
Vacancy
6%
$185
Maintenance
5%
$155
Other
0%
$0