This property looks like a bad Long-Term investment with a projected -12.2% first-year return on $122k initial cash invested.
-12.2%
Cash On Cash
4.42%
Cap Rate
0.67
DSCR
$4,137
Rent
-$1,241
Cashflow
Cash Flow
$4,137 income − $5,378 expenses = $1,241 out of pocket
Investment Breakdown
|
Purchase Price
$581k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$116k
Closing costs
1%
$5,814
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,137
Total Expenses
$5,378
Mortgage P&I
77%
$3,176
Property Taxes
13%
$542
Home Insurance
5%
$189
HOA
10%
$395
Property Management
10%
$414
CapEx
5%
$207
Vacancy
6%
$248
Maintenance
5%
$207
Other
0%
$0