This property looks like a bad Long-Term investment with a projected -9.54% first-year return on $117k initial cash invested.
-9.54%
Cash On Cash
4.79%
Cap Rate
0.75
DSCR
$3,557
Rent
-$932
Cashflow
Cash Flow
$3,557 income − $4,489 expenses = $932 out of pocket
Investment Breakdown
|
Purchase Price
$558k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$112k
Closing costs
1%
$5,584
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,557
Total Expenses
$4,489
Mortgage P&I
84%
$2,985
Property Taxes
11%
$378
Home Insurance
6%
$201
HOA
0%
$0
Property Management
10%
$356
CapEx
5%
$178
Vacancy
6%
$213
Maintenance
5%
$178
Other
0%
$0