This property looks like a bad Long-Term investment with a projected -9.01% first-year return on $115k initial cash invested.
-9.01%
Cash On Cash
4.84%
Cap Rate
0.76
DSCR
$3,186
Rent
-$866
Cashflow
Cash Flow
$3,186 income − $4,052 expenses = $866 out of pocket
Investment Breakdown
|
Purchase Price
$549k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$115k
Downpayment
20%
$110k
Closing costs
1%
$5,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,186
Total Expenses
$4,052
Mortgage P&I
92%
$2,921
Property Taxes
3%
$111
Home Insurance
6%
$192
HOA
0%
$0
Property Management
10%
$319
CapEx
5%
$159
Vacancy
6%
$191
Maintenance
5%
$159
Other
0%
$0