This property looks like a bad Long-Term investment with a projected -10.79% first-year return on $114k initial cash invested.
-10.79%
Cash On Cash
4.18%
Cap Rate
0.69
DSCR
$3,258
Rent
-$1,021
Cashflow
Cash Flow
$3,258 income − $4,279 expenses = $1,021 out of pocket
Investment Breakdown
|
Purchase Price
$541k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$108k
Closing costs
1%
$5,408
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,258
Total Expenses
$4,279
Mortgage P&I
84%
$2,741
Property Taxes
15%
$497
Home Insurance
6%
$194
HOA
0%
$0
Property Management
10%
$326
CapEx
5%
$163
Vacancy
6%
$195
Maintenance
5%
$163
Other
0%
$0