This property looks like a bad Long-Term investment with a projected -13.61% first-year return on $105k initial cash invested.
-13.61%
Cash On Cash
3.84%
Cap Rate
0.6
DSCR
$2,830
Rent
-$1,191
Cashflow
Cash Flow
$2,830 income − $4,021 expenses = $1,191 out of pocket
Investment Breakdown
|
Purchase Price
$500k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$100,000
Closing costs
1%
$5,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,830
Total Expenses
$4,021
Mortgage P&I
94%
$2,650
Property Taxes
15%
$428
Home Insurance
7%
$206
HOA
0%
$0
Property Management
10%
$283
CapEx
5%
$142
Vacancy
6%
$170
Maintenance
5%
$142
Other
0%
$0