This property looks like a bad Long-Term investment with a projected -11.88% first-year return on $114k initial cash invested.
-11.88%
Cash On Cash
4.26%
Cap Rate
0.67
DSCR
$3,336
Rent
-$1,128
Cashflow
Cash Flow
$3,336 income − $4,464 expenses = $1,128 out of pocket
Investment Breakdown
|
Purchase Price
$543k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$109k
Closing costs
1%
$5,427
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,336
Total Expenses
$4,464
Mortgage P&I
87%
$2,888
Property Taxes
13%
$449
Home Insurance
7%
$219
HOA
1%
$40
Property Management
10%
$334
CapEx
5%
$167
Vacancy
6%
$200
Maintenance
5%
$167
Other
0%
$0