This property looks like a bad Long-Term investment with a projected -14.96% first-year return on $115k initial cash invested.
-14.96%
Cash On Cash
4.01%
Cap Rate
0.6
DSCR
$4,277
Rent
-$1,440
Cashflow
Cash Flow
$4,277 income − $5,717 expenses = $1,440 out of pocket
Investment Breakdown
|
Purchase Price
$550k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$115k
Downpayment
20%
$110k
Closing costs
1%
$5,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,277
Total Expenses
$5,717
Mortgage P&I
72%
$3,065
Property Taxes
31%
$1,347
Home Insurance
4%
$192
HOA
0%
$0
Property Management
10%
$428
CapEx
5%
$214
Vacancy
6%
$257
Maintenance
5%
$214
Other
0%
$0