This property looks like a bad Long-Term investment with a projected -26.89% first-year return on $121k initial cash invested.
-26.89%
Cash On Cash
0.65%
Cap Rate
0.11
DSCR
$1,477
Rent
-$2,706
Cashflow
Cash Flow
$1,477 income − $4,183 expenses = $2,706 out of pocket
Investment Breakdown
|
Purchase Price
$575k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$115k
Closing costs
1%
$5,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,477
Total Expenses
$4,183
Mortgage P&I
199%
$2,945
Property Taxes
44%
$652
Home Insurance
14%
$201
HOA
0%
$0
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0