This property looks like a bad Long-Term investment with a projected -18.67% first-year return on $121k initial cash invested.
-18.67%
Cash On Cash
3.06%
Cap Rate
0.45
DSCR
$2,176
Rent
-$1,876
Cashflow
Cash Flow
$2,176 income − $4,052 expenses = $1,876 out of pocket
Investment Breakdown
|
Purchase Price
$574k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$115k
Closing costs
1%
$5,742
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,176
Total Expenses
$4,052
Mortgage P&I
148%
$3,229
Property Taxes
1%
$30
Home Insurance
9%
$201
HOA
1%
$25
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0