This property looks like a bad Long-Term investment with a projected -14.76% first-year return on $112k initial cash invested.
-14.76%
Cash On Cash
3.76%
Cap Rate
0.57
DSCR
$2,772
Rent
-$1,378
Cashflow
Cash Flow
$2,772 income − $4,150 expenses = $1,378 out of pocket
Investment Breakdown
|
Purchase Price
$533k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$107k
Closing costs
1%
$5,334
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,772
Total Expenses
$4,150
Mortgage P&I
105%
$2,910
Property Taxes
12%
$330
Home Insurance
7%
$189
HOA
0%
$0
Property Management
10%
$277
CapEx
5%
$139
Vacancy
6%
$166
Maintenance
5%
$139
Other
0%
$0