This property looks like a bad Long-Term investment with a projected -14.47% first-year return on $114k initial cash invested.
-14.47%
Cash On Cash
4.07%
Cap Rate
0.61
DSCR
$3,794
Rent
-$1,379
Cashflow
Cash Flow
$3,794 income − $5,173 expenses = $1,379 out of pocket
Investment Breakdown
|
Purchase Price
$545k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$109k
Closing costs
1%
$5,446
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,794
Total Expenses
$5,173
Mortgage P&I
80%
$3,034
Property Taxes
25%
$965
Home Insurance
5%
$187
HOA
0%
$0
Property Management
10%
$379
CapEx
5%
$190
Vacancy
6%
$228
Maintenance
5%
$190
Other
0%
$0