This property looks like a bad Long-Term investment with a projected -9.91% first-year return on $109k initial cash invested.
-9.91%
Cash On Cash
4.86%
Cap Rate
0.75
DSCR
$3,931
Rent
-$900
Cashflow
Cash Flow
$3,931 income − $4,831 expenses = $900 out of pocket
Investment Breakdown
|
Purchase Price
$519k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$104k
Closing costs
1%
$5,190
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,931
Total Expenses
$4,831
Mortgage P&I
71%
$2,805
Property Taxes
21%
$821
Home Insurance
5%
$182
HOA
0%
$0
Property Management
10%
$393
CapEx
5%
$197
Vacancy
6%
$236
Maintenance
5%
$197
Other
0%
$0