This property looks like a bad Long-Term investment with a projected -13.89% first-year return on $113k initial cash invested.
-13.89%
Cash On Cash
4.03%
Cap Rate
0.61
DSCR
$2,961
Rent
-$1,313
Cashflow
Cash Flow
$2,961 income − $4,274 expenses = $1,313 out of pocket
Investment Breakdown
|
Purchase Price
$540k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$108k
Closing costs
1%
$5,402
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,961
Total Expenses
$4,274
Mortgage P&I
101%
$2,977
Property Taxes
11%
$335
Home Insurance
6%
$192
HOA
0%
$0
Property Management
10%
$296
CapEx
5%
$148
Vacancy
6%
$178
Maintenance
5%
$148
Other
0%
$0