This property looks like a bad Long-Term investment with a projected -11.26% first-year return on $114k initial cash invested.
-11.26%
Cash On Cash
4.19%
Cap Rate
0.68
DSCR
$3,542
Rent
-$1,070
Cashflow
Cash Flow
$3,542 income − $4,612 expenses = $1,070 out of pocket
Investment Breakdown
|
Purchase Price
$543k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$109k
Closing costs
1%
$5,429
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,542
Total Expenses
$4,612
Mortgage P&I
79%
$2,788
Property Taxes
20%
$714
Home Insurance
5%
$189
HOA
0%
$0
Property Management
10%
$354
CapEx
5%
$177
Vacancy
6%
$213
Maintenance
5%
$177
Other
0%
$0