This property looks like a bad Long-Term investment with a projected -11.58% first-year return on $117k initial cash invested.
-11.58%
Cash On Cash
4.44%
Cap Rate
0.69
DSCR
$3,712
Rent
-$1,133
Cashflow
Cash Flow
$3,712 income − $4,845 expenses = $1,133 out of pocket
Investment Breakdown
|
Purchase Price
$559k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$112k
Closing costs
1%
$5,590
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,712
Total Expenses
$4,845
Mortgage P&I
81%
$3,013
Property Taxes
15%
$545
Home Insurance
5%
$196
HOA
3%
$125
Property Management
10%
$371
CapEx
5%
$186
Vacancy
6%
$223
Maintenance
5%
$186
Other
0%
$0