This property looks like a bad Long-Term investment with a projected -11.81% first-year return on $111k initial cash invested.
-11.81%
Cash On Cash
4.3%
Cap Rate
0.67
DSCR
$3,433
Rent
-$1,092
Cashflow
Cash Flow
$3,433 income − $4,525 expenses = $1,092 out of pocket
Investment Breakdown
|
Purchase Price
$528k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$106k
Closing costs
1%
$5,283
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,433
Total Expenses
$4,525
Mortgage P&I
82%
$2,811
Property Taxes
10%
$337
Home Insurance
6%
$192
HOA
9%
$292
Property Management
10%
$343
CapEx
5%
$172
Vacancy
6%
$206
Maintenance
5%
$172
Other
0%
$0