This property looks like a bad Long-Term investment with a projected -14.31% first-year return on $112k initial cash invested.
-14.31%
Cash On Cash
3.38%
Cap Rate
0.55
DSCR
$2,372
Rent
-$1,340
Cashflow
Cash Flow
$2,372 income − $3,712 expenses = $1,340 out of pocket
Investment Breakdown
|
Purchase Price
$535k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$107k
Closing costs
1%
$5,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,372
Total Expenses
$3,712
Mortgage P&I
115%
$2,727
Property Taxes
7%
$176
Home Insurance
8%
$187
HOA
0%
$5
Property Management
10%
$237
CapEx
5%
$119
Vacancy
6%
$142
Maintenance
5%
$119
Other
0%
$0