This property looks like a bad Long-Term investment with a projected -12.27% first-year return on $115k initial cash invested.
-12.27%
Cash On Cash
3.89%
Cap Rate
0.64
DSCR
$3,558
Rent
-$1,172
Cashflow
Cash Flow
$3,558 income − $4,730 expenses = $1,172 out of pocket
Investment Breakdown
|
Purchase Price
$546k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$115k
Downpayment
20%
$109k
Closing costs
1%
$5,458
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,558
Total Expenses
$4,730
Mortgage P&I
78%
$2,765
Property Taxes
20%
$710
Home Insurance
5%
$192
HOA
4%
$138
Property Management
10%
$356
CapEx
5%
$178
Vacancy
6%
$213
Maintenance
5%
$178
Other
0%
$0