This property looks like a bad Long-Term investment with a projected -12.59% first-year return on $114k initial cash invested.
-12.59%
Cash On Cash
4.46%
Cap Rate
0.67
DSCR
$3,936
Rent
-$1,193
Cashflow
Cash Flow
$3,936 income − $5,129 expenses = $1,193 out of pocket
Investment Breakdown
|
Purchase Price
$542k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$108k
Closing costs
1%
$5,415
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,936
Total Expenses
$5,129
Mortgage P&I
76%
$3,007
Property Taxes
22%
$858
Home Insurance
5%
$194
HOA
1%
$46
Property Management
10%
$394
CapEx
5%
$197
Vacancy
6%
$236
Maintenance
5%
$197
Other
0%
$0