This property looks like a bad Long-Term investment with a projected -15.56% first-year return on $109k initial cash invested.
-15.56%
Cash On Cash
3.45%
Cap Rate
0.54
DSCR
$3,153
Rent
-$1,415
Cashflow
Cash Flow
$3,153 income − $4,568 expenses = $1,415 out of pocket
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$104k
Closing costs
1%
$5,196
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,153
Total Expenses
$4,568
Mortgage P&I
87%
$2,752
Property Taxes
26%
$828
Home Insurance
5%
$168
HOA
0%
$0
Property Management
10%
$315
CapEx
5%
$158
Vacancy
6%
$189
Maintenance
5%
$158
Other
0%
$0