This property looks like a bad Long-Term investment with a projected -25.09% first-year return on $118k initial cash invested.
-25.09%
Cash On Cash
1.05%
Cap Rate
0.17
DSCR
$2,178
Rent
-$2,464
Cashflow
Cash Flow
$2,178 income − $4,642 expenses = $2,464 out of pocket
Investment Breakdown
|
Purchase Price
$561k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$118k
Downpayment
20%
$112k
Closing costs
1%
$5,611
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,178
Total Expenses
$4,642
Mortgage P&I
131%
$2,844
Property Taxes
46%
$1,003
Home Insurance
10%
$228
HOA
0%
$0
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0